Advance Tax Calculator

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Advance Tax Calculator

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  • Download ASK 1800 180 1961/ 1961

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    Income Tax Department > Advance Tax Calculator

    ABOUT US PAN CHALLANSI AM I NEED RETURNS

    ADVANCE TAX CALCULATOR FORFINANCIAL YEAR 2014-15

    Click here to view relevant Act & Rule.

    Tax Payer

    Individual

    Male / Female / Senior Citizen

    Male

    Residential Status

    Resident

    Income from Salary

    20,00,000

    Show DetailsIncome From House Property

    0

    Hide DetailsCapital Gains

    40,000

    Short Term Capital GainS (Other than covered undersection 111A)

    From From From From Total

    TAX LAWS & RULES

    INTERNATIONAL TAXATION

    DEPARTMENTAL INFORMATION

    Advance Tax Calculator http://www.incometaxindia.gov.in/Pages/tools/advance-tax-calculator.aspx

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  • 4,000 4,000 4,000 4,000 16,000

    1,000 1,000 1,000 1,000 4000

    3,000 3,000 3,000 3,000 12,000

    2,000 2,000 2,000 2,000 8000

    Show DetailsIncome From Other Sources

    60,000

    Profits and Gains of Business or Profession(enter profit only)

    Agricultural Income

    Show DetailsDeductions

    2,60,000

    Net Taxable Income

    Income Liable to Tax at Normal Rate

    01/04/2014to

    15/09/2014

    16/09/2014to

    15/12/2014

    16/12/2014to

    15/03/2015

    16/03/2015to

    31/03/2015

    Short Term Capital GainS (Covered under section 111A)From

    01/04/2014to

    15/09/2014

    From16/09/2014

    to15/12/2014

    From16/12/2014

    to15/03/2015

    From16/03/2015

    to31/03/2015

    Total

    Long Term Capital Gains (Charged to tax @ 20%)From

    01/04/2014to

    15/09/2014

    From16/09/2014

    to15/12/2014

    From16/12/2014

    to15/03/2015

    From16/03/2015

    to31/03/2015

    Total

    Long Term Capital Gains (Charged to tax @ 10%)From

    01/04/2014to

    15/09/2014

    From16/09/2014

    to15/12/2014

    From16/12/2014

    to15/03/2015

    From16/03/2015

    to31/03/2015

    Total

    Advance Tax Calculator http://www.incometaxindia.gov.in/Pages/tools/advance-tax-calculator.aspx

    2 of 4 2/25/2015 4:53 PM

  • ---18,16,000 3,69,800Short Term Capital Gains (Covered u/s 111A)Long Term Capital Gains (Charged to tax @

    20%)

    20% 12,000 2,400

    Long Term Capital Gains (Charged to tax @10%)

    Winnings from Lottery, Crossword Puzzles,etc)

    Income Tax

    3,73,600

    Surcharge

    0

    Education Cess

    7,472

    Secondary and higher education cess

    3,736

    Total Tax Liability

    3,84,808

    Relief other than relief u/s 87A

    TDS/TCS/MAT (AMT) Credit Utilized

    Assessed Tax

    3,84,808

    Calculate Reset

    Advance Tax Calculator http://www.incometaxindia.gov.in/Pages/tools/advance-tax-calculator.aspx

    3 of 4 2/25/2015 4:53 PM

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    Advance tax payable upto September 15, 2014(Cumulative) 1,13,450.00Advance tax payable upto December 15, 2014(Cumulative) 2,28,227.00Advance tax payable upto March 15, 2015(Cumulative) 3,82,594.00Advance tax payable upto March 31, 2015(Cumulative) 3,84,808.00

    Advance Tax Installments

    Description InstallmentFirst installment payable for the period April 1,2014 to September 15, 2014 1,13,450.00

    Second installment payable for the periodSeptember 16, 2014 to December 15, 2014 1,14,777.00

    Third installment payable for the periodDecember 16, 2014 to March 15, 2015 1,54,367.00

    Last installment payable for the period March 16,2015 to March 31, 2015 2,214.00

    Advisory: Information relates to the law prevailing in the year of publication/ asindicated . Viewers are advised to ascertain the correct position/prevailing lawbefore relying upon any document.

    Disclaimer:The above calculator is only to enable public to have a quick and aneasy access to basic tax calculation and does not purport to give correct taxcalculation in all circumstances. It is advised that for filing of returns the exactcalculation may be made as per the provisions contained in the relevant Acts,Rules etc.

    Advance Tax Calculator http://www.incometaxindia.gov.in/Pages/tools/advance-tax-calculator.aspx

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