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Due Dates Advance Tax — Q3 Installment (75% cumulative by 15 December)

Advance Tax — Q3 Installment (75% cumulative by 15 December)

Income Tax Act 1961

Third advance tax installment: cumulative 75% of estimated tax. Due 15 December.

Due dates and late fees

FYDue DateLate FeeNote
FY 2024-2515 December 2024s.234C: 1% p.m. × 3 months on cumulative shortfall
FY 2025-26Current15 December 2025s.234C: 1% p.m. × 3 months
FY 2026-2715 December 2026s.234C: 1% p.m. × 3 months

FY-specific notes

Late fee calculator

Calculate the related statutory fee for this obligation.

Section 234C — Interest for Deferment of Advance Tax Installments