As the financial year moves past the last advance tax deadline, a quieter but equally important task begins.
For many taxpayers, especially business owners and professionals, the focus now shifts from payment to verification.
Did the advance tax payment get recorded correctly? Is the challan reflecting in the system? And if something is wrong, can…
As the financial year approaches its final weeks, many taxpayers find themselves reviewing income, checking deductions and making sure their tax payments are in order. Around this time, one date quietly becomes important - March 15, the deadline for the final instalment of advance tax.
Advance tax simply means paying income tax during the year…
The third instalment of advance tax for FY 2025–26 is due on 15 December 2025. Taxpayers with estimated annual tax liability exceeding ₹10,000 must ensure compliance to avoid interest under Sections 234B and 234C of the Income Tax Act.
This instalment is critical, as it requires 75% of the total estimated tax liability to be…

