Advance Tax Due Date 15 June 2025: What You Must Know
Are you liable to pay advance tax by 15 June 2025?
If your total tax liability for FY 2025–26 exceeds ₹10,000 (after TDS/TCS), you are legally required to pay advance tax. The first instalment (15% of total tax) is due by 15th June 2025 under Section 211 of the Income-tax Act, 1961.
Who Must Pay Advance Tax?
Advance tax applies to:
- Salaried individuals (with additional income like rent or capital gains)
- Freelancers and consultants
- Business owners
- Companies
- NRIs with taxable income in India
Instalment Schedule for FY 2025–26
| Due Date | Minimum % of Total Tax Payable |
|---|---|
| 15 June 2025 | 15% |
| 15 September 2025 | 45% (cumulative) |
| 15 December 2025 | 75% (cumulative) |
| 15 March 2026 | 100% (full payment) |
How to Calculate Your Advance Tax
- Estimate income from salary, business, interest, capital gains, etc.
- Reduce deductions under Sections 80C, 80D, etc.
- Compute tax as per applicable slab (old or new regime).
- Reduce TDS/TCS already deducted.
- Pay 15% of this amount by 15 June 2025.
How to Pay Advance Tax Online
You can pay using Challan No./ITNS 280 via the TIN-NSDL portal or the e-Pay Tax service on the Income Tax portal.
Steps:
- Go to incometax.gov.in
- Navigate to e-Pay Tax
- Select Challan 280
- Choose Advance Tax (Minor Head 100)
- Pay via net banking, UPI, debit card
What Happens if You Miss the Due Date?
- Interest under Section 234B (for shortfall)
- Interest under Section 234C (for delayed instalments)
- May invite tax scrutiny for large under-reporting
Legal Reference
- Section 208: Obligation to pay advance tax
- Section 211: Instalment schedule
- Sections 234B & 234C: Interest penalties
Expert Tip: Don’t Wait for March!
Many taxpayers try to adjust advance tax in the last quarter. This is risky — interest starts accruing from the first default. Pay 15% by 15 June 2025 to stay compliant and avoid penalties.
Summary
Advance Tax due date 15 June 2025 is near. If your net tax liability exceeds ₹10,000, pay 15% by this date to avoid interest under Sections 234B and 234C.
FAQs on Advance Tax
Q1. Is advance tax applicable under both tax regimes?
Yes. Whether you opt for the old or new regime under Section 115BAC, advance tax applies.
Q2. What if I have capital gains or speculative income?
If you cannot estimate gains in advance, pay advance tax in the remaining quarters once you realise such income.
Q3. Can I revise advance tax payments?
Yes, you can pay additional tax in later instalments without penalty if the earlier shortfall was not intentional.