Tax & CA paperworkIndia

Prepare for advance-tax payments

Gather the facts for your next move.

Understand paying tax during the income year and gather the information a CA needs to check instalments or a missed date.

ImportantOrganisationPrep worksheet

Who it goes to: CA or authorised tax adviser; payments through the Income Tax Department's official e-Pay Tax process

Where it applies: India — year, taxpayer type, regime and actual portal requirements matter

Prepare this
01 · What is this?

Advance tax is tax paid during the year in which income is earned, instead of waiting only for the return stage.

02 · When is it useful?

Use it before an instalment or when business, interest, rent, gains or other income may leave tax to pay beyond deductions at source.

03 · Start here

List income sources, tax already deducted and previous payments, then ask your CA whether advance tax applies and which schedule fits.

Ordinary cumulative advance-tax schedule

2026–27 · Ordinary four-instalment taxpayers; eligibility and exceptions must be checked.

On or beforeCumulative share of advance tax
15 June 2026At least 15%
15 September 2026At least 45%
15 December 2026At least 75%
15 March 2027100%
  • Earlier payments count toward the cumulative percentage.
  • Eligible presumptive cases have a separate whole-payment-by-15-March rule.
  • Missing an earlier instalment can have consequences even if paid later.
Official source ↗

Gather your pieces

  1. Advance tax generally becomes payable when tax payable computed under its rules is ₹10,000 or more; applicability and exemptions still need checking.
  2. The schedule here is for ordinary four-instalment taxpayers for Tax Year 2026–27. Eligible presumptive cases have a separate single-instalment rule.
  3. A missed instalment needs review now; a later payment does not automatically remove interest for an earlier shortfall.

Your prep sheet

Replace each [bracketed label] with your own verified details. Open the editor to make it yours, then read it through before sending.

ADVANCE-TAX PREPARATION — TAX YEAR 2026–27
Prepared by: [Your name]
For: [Person or office]
Date: [Preparation date]
Income financial year: [Financial year of the income]
Tax Year, if applicable: [Tax Year, where applicable]
Assessment year for an earlier period, if applicable: [Assessment year, where applicable]

Verified ordinary cumulative schedule for income April 2026–March 2027:
By 15 June 2026: at least 15% of the advance tax.
By 15 September 2026: at least 45% in total.
By 15 December 2026: at least 75% in total.
By 15 March 2027: 100% in total.
These percentages are cumulative, allowing for earlier instalments. Eligible presumptive-tax cases require a separate applicability check and generally pay the whole advance tax by 15 March.

Income sources:
[Income sources to review]

Known facts and changes since the previous estimate:
[Relevant facts]

Estimate and review status:
[Estimate and review status]

Deductions at source and earlier tax payments to check:
[Tax deductions and previous payments]

Instalment or missed-date questions:
[Instalment questions]

Assistance requested:
[Help or action requested]

Please review eligibility, the correct year, verified credits and the latest estimate before giving payment instructions. This preparation record does not calculate the amount payable.

Your next moves

  1. Ask the adviser to confirm applicability, credits, estimates and any missed-instalment consequences.
  2. Use the official challan and verify the correct Tax Year before authorising payment; keep the receipt.

Real-world check

Original preparation worksheet, not a tax calculation, payment instruction or challan. The fixed schedule is verified for Tax Year 2026–27; it is cumulative and does not apply identically to every taxpayer.

Sources & official links