Taxpayer Details
Format: 5 letters · 4 digits · 1 letter | e.g. AAAPZ1234C
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Due Date: —
Cumulative % of Annual Tax: —
Payable this instalment: Cumulative % × Annual Tax − TDS/TCS − Prior Advance Tax Paid
Income Computation for Advance Tax
Enter estimated income for the full Tax Year — all amounts in Rupees (₹)
Calculating…
| # | Nature of Income / Deduction | Section (ITA 2025) | Estimated Amount (₹) | TDS / TCS Credit (₹) |
|---|---|---|---|---|
| A — INCOME HEADS | ||||
| 1 | Salary / Pension Sec 15 ITA 2025 — Gross before standard deduction |
Sec 15 | ||
| 2 | Income from House Property Sec 19 ITA 2025 — After 30% std deduction & interest on loan |
Sec 19 | ||
| 3 | Business / Profession Income Sec 28 ITA 2025 — Net profit after all allowable business expenses |
Sec 28 | ||
| 4 | STCG — Special Rate 20% (Equity / STT-paid MF) Sec 67(4) ITA 2025 (old: Sec 111A) — Short-term capital gains on equity. Surcharge capped @ 15%. |
Sec 67(4) | ||
| 5 | LTCG — Special Rate 12.5% Equity/MF (above ₹1.25 lakh threshold) Sec 67(1) ITA 2025 (old: Sec 112A) — Long-term capital gains on listed equity & STT-paid MF. Surcharge capped @ 15%. |
Sec 67(1) | ||
| 6 | LTCG — Immovable Property with Indexation @ 20% Disclosure Only — Not in GTI Sec 67 ITA 2025 (old: Sec 112) — CII-adjusted gain on land & building held >24 months. Not added to GTI. Used only to determine lesser-of-tax with Row 6A. Finance (No.2) Act 2024. |
Sec 67/112 | Disclosure only | |
| 6A | LTCG — Immovable Property without Indexation @ 12.5% Included in GTI Sec 67(1) ITA 2025 — Enter manually — amount included in GTI. When both Row 6 & 6A entered, lesser-of-tax option auto-applied by server. TDS u/s 194IA if applicable. |
Sec 67(1) | ||
| 7 | LTCG @ 12.5% — Other Long-Term Assets (without Indexation) Sec 67(1) ITA 2025 — Unlisted shares, bonds, gold, other assets held >24/36 months. Flat 12.5% without indexation. |
Sec 67(1) | ||
| 7A | STCG / LTCG — Taxed at Normal Slab Rates Sec 67 ITA 2025 — Capital gains chargeable at applicable slab rate (non-STT assets, debt instruments, unlisted securities in certain cases). Added to normal slab income. |
Sec 67 | ||
| 8 | Virtual Digital Assets (VDA / Crypto / NFT) Sec 67A ITA 2025 (old: Sec 115BBH) — Flat 30%; only cost of acquisition deductible; no loss set-off; 1% TDS u/s 194S |
Sec 67A | ||
| 9 | Winning from Lottery / Games / Online Games / Horse Race Sec 22(1)(ix) / Sec 115BB ITA 2025 — Flat 30%; no deduction or exemption; TDS u/s 194B |
Sec 115BB | ||
| 10 | Income from Other Sources Sec 22 ITA 2025 (old: Sec 56) — Interest (FD/savings/bonds), dividends, gifts, misc. at slab rates |
Sec 22 | ||
| (A) Gross Total Income | — | — | ||
| B — DEDUCTIONS (Applicable under Old Regime only; NIL under New Regime) | ||||
| 11 | Sec 80C / Sec 123 — Investments (PPF, LIC, ELSS, NSC, tuition fees, home loan principal) Maximum deduction: ₹1,50,000 per annum |
Sec 123 | N/A | |
| 12 | Sec 80D / Sec 124 — Health Insurance Premium Self/family ₹25,000 + parents ₹25,000; senior citizen limits higher |
Sec 124 | N/A | |
| 13 | Sec 24(b) / Sec 19(3) — Interest on Home Loan (House Property) Self-occupied / let-out property; maximum ₹2,00,000 for self-occupied |
Sec 19(3) | N/A | |
| 14 | Standard Deduction — Salary / Pension Both regimes: Max ₹75,000 (New Regime) / ₹50,000 (Old Regime) — enter actual amount, auto-capped by server |
Sec 15(c) | N/A | |
| 15 | Other Deductions (80G / 80TTA / 80GG / 80E etc.) Sec 125 ITA 2025 — Donations, savings interest, HRA (old regime only) |
Sec 125 | N/A | |
| (B) Total Deductions | — | |||
| (C) Total Taxable Income [A − B] | — | |||
| D — TAX CREDIT & PAYMENTS ALREADY MADE | ||||
| 16 | Total TDS / TCS Credit (auto-summed from income rows above) Sum of TDS/TCS column from all income entries above |
Sec 393/394 | — | |
| 17 | Advance Tax already paid (previous instalments this Tax Year) Total advance tax deposited in earlier instalments of the current Tax Year |
Sec 403 | ||
| 18 | Other Tax Credits (Self-Assessment Tax / MAT Credit) Any other eligible credit available for set-off against current year tax liability |
Sec 424 | ||
▶ Tax Computation & Advance Tax Payable Now
Taxable Income
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Select regime
Gross Tax on Income
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Before surcharge & cess
Surcharge (if applicable)
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On income > ₹50L (individuals)
Health & Education Cess @ 4%
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On tax + surcharge
Rebate u/s 144 (old: 87A)
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New: income ≤₹12L; Old: ≤₹5L
Annual Tax Liability (Net)
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After rebate + cess + surcharge
TDS / TCS Credit
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From income rows above
Advance Tax Paid Earlier
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Previous instalments
Cumulative % Due
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Select instalment
Net Tax after TDS/Credits & Obligation Status
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(Annual Tax − TDS − Credits) × Cum%
Other Credits
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SAT / MAT etc.
▶ ADVANCE TAX PAYABLE NOW
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Deposit via Challan ITNS 280
Tax Slab Applied — Select regime & category above
| Taxable Income Slab | Rate | Tax on This Slab (₹) |
|---|---|---|
| Enter income & select regime to view slab computation | ||
⚠ Important — Advance Tax under ITA 2025 (Sections 403–410 & 424):
● Obligation arises when estimated tax liability exceeds ₹10,000 (Sec 403).
● Four instalments: 15% by 15 Jun · 45% by 15 Sep · 75% by 15 Dec · 100% by 15 Mar (Sec 407).
● Presumptive taxation (Sec 58): entire advance tax in single instalment by 15 March (Sec 408).
● Capital gains arising after instalment due date: advance tax on that gain payable in remaining instalments only — no interest for earlier non-payment (Sec 409).
● Interest: Sec 424 (old: 234B) @ 1%/month for default; Sec 425 (old: 234C) for deferment of instalments.
● Rebate u/s Sec 144: New regime — up to ₹12,00,000; Old regime — up to ₹5,00,000.
● Deposit via Challan ITNS 280 — Code 300 (Advance Tax); Major Head 0021 (Individuals) or 0020 (Companies).
Source: ITA 2025, Sec 403–410 & 424–425 • Finance Act 2026 • incometaxindia.gov.in
● Obligation arises when estimated tax liability exceeds ₹10,000 (Sec 403).
● Four instalments: 15% by 15 Jun · 45% by 15 Sep · 75% by 15 Dec · 100% by 15 Mar (Sec 407).
● Presumptive taxation (Sec 58): entire advance tax in single instalment by 15 March (Sec 408).
● Capital gains arising after instalment due date: advance tax on that gain payable in remaining instalments only — no interest for earlier non-payment (Sec 409).
● Interest: Sec 424 (old: 234B) @ 1%/month for default; Sec 425 (old: 234C) for deferment of instalments.
● Rebate u/s Sec 144: New regime — up to ₹12,00,000; Old regime — up to ₹5,00,000.
● Deposit via Challan ITNS 280 — Code 300 (Advance Tax); Major Head 0021 (Individuals) or 0020 (Companies).
Source: ITA 2025, Sec 403–410 & 424–425 • Finance Act 2026 • incometaxindia.gov.in
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