– 15th June 2024: 15% of advance tax liability
– 15th September 2024: 45% of advance tax liability (30% of total liability)
– 15th December 2024: 75% of advance tax liability (45% of total liability)
– 15th March 2025: 100% of advance tax liability
It’s essential to note that these due dates apply to both individual and corporate taxpayers. Additionally, if you’ve opted for the presumptive taxation scheme under sections 44AD or 44ADA, you’ll need to pay the whole amount of advance tax in one instalment on or before 15th March.
