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of <h1>Advance Tax Payments: Instalments Due June 15, September 15, December 15; Full Payment by March 15.</h1> Assessees liable for advance tax must pay it on their current income in four instalments throughout the tax year. The instalments are due as follows: at least 15% by June 15, 45% by September 15, 75% by December 15, and the full amount by March 15, adjusted for any previous payments. Assessees declaring profits under section 58(2) must pay the full advance tax by March 15. Payments made by March 31 are considered advance tax for that tax year.
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