Advance Tax: Applicability, Due Date, Penalty & Calculator

Advance tax is the income tax that is paid in advance rather than lump sum amount at the end of the financial year. The payment of advance tax is done in four instalments as per their due dates which are provided by income tax department. Many of you must have questions related to advance tax including applibility of advance tax, date dates and calculation. Through this post we will explore all about advance tax in 2025.