Advance Tax Calculator tool | CA Sanchit Arora

Section references show the Income-tax Act, 2025 number first with the familiar 1961 Act number in brackets — e.g. §202 (old 115BAC). Where a mapping has not been verified, only the 1961 reference is shown. Finance Act, 2026 changes built in: MAT at 14% as a final tax, MAT credit usable only on moving to the concessional regime (capped at 25% of tax), and Cost Inflation Index 384 for 2026-27.

1Assessee, Status & Tax Scheme

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Client / Assessee name (shown on report)

PAN (4th letter auto-selects the assessee type)

Assessee type

Residential status

Age category (at any time during the tax year)

Tax scheme / regime

2Income from Salary

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Gross salary (estimated, full year)

Basic + DA (for employer-NPS cap check)

Exempt allowances (HRA / LTA etc. — Old Regime only)

Professional tax (Old Regime only)

Standard deduction (auto)

Standard deduction ₹75,000 (New Regime) / ₹50,000 (Old Regime), limited to gross salary. HRA/LTA and other Schedule II exemptions and professional tax are ignored automatically under the New Regime.

3Income from House Property

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Property status

Gross annual value / rent receivable

Municipal taxes paid

Interest on borrowed capital (incl. 1/5th pre-construction)

Let-out: 30% standard deduction on NAV and interest in full. Self-occupied: NAV Nil; interest up to ₹2,00,000 in the Old Regime only. Loss from house property is set off against other heads up to ₹2,00,000 — except under the New Regime (§202), where it can't be set off against other heads and is only carried forward.

4Profits & Gains of Business or Profession

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Basis of computation

Brought-forward losses / depreciation

B/F business loss (within 8 years)

B/F unabsorbed depreciation

B/F business loss is set off only against business income. Unabsorbed depreciation is set off against business income first and then against house property and other-source income (never against salary or winnings), and has no time limit. Under §202 / §200 / §201, losses and depreciation attributable to the disallowed incentives can't be set off.

5Capital Gains (add each transaction)

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Brought-forward capital losses

B/F short-term capital loss

B/F long-term capital loss

Holding periods: listed securities / equity MF units — long-term if held more than 12 months; everything else more than 24 months. Specified (debt) mutual funds, market-linked debentures and unlisted bonds/debentures are always short-term at slab rates. Indexation (CII 384 for 2026-27) is offered only for land/building acquired before 23-07-2024 by a resident individual/HUF — the lower of 20% indexed or 12.5% non-indexed is chosen per transaction. The ₹1,25,000 equity LTCG exemption is applied once on the aggregate. STCL is set off against any capital gain, LTCL only against LTCG.

6Other Sources & Special-Rate Income

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Interest income (FD, savings, bonds)

Dividend income

Family pension

Any other income

Special-rate income (flat 30%, no deductions, no basic exemption)

Lottery / game show / betting winnings (old 115BB)

Net gain on Virtual Digital Assets / crypto (old 115BBH — no loss set-off)

Agricultural income (exempt — used for rate purposes)

Net agricultural income

Partial integration applies to Individuals/HUFs/AOPs where agricultural income exceeds ₹5,000 and other income exceeds the basic exemption limit: tax = tax on (other income + agri) − tax on (basic exemption + agri).

Family pension deduction: lower of 1/3rd or ₹25,000 (New Regime) / ₹15,000 (Old Regime).

7Deductions

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Under the New Regime most deductions (80C, 80D, 80CCD(1B), 80TTA/TTB, 80G etc.) are not available. Employer's NPS contribution and the few deductions still allowed are entered in the last two boxes.

80C (§123) PF, ELSS, LIC, tuition — cap ₹1.5 L

80D health insurance — cap ₹1 L overall

80CCD(1B) additional NPS — cap ₹50,000

80TTA / 80TTB interest — cap ₹10,000

Other Chapter VI-A deductions (80E, 80G, 80GG, 80U etc.)

Allowed in both regimes

80CCD(2) — employer's NPS contribution (14% New / 10% Old of Basic+DA)

Other deductions allowed under §202 (80CCH Agniveer, 80JJAA)

Chapter VI-A deductions are allowed only against income taxed at normal rates — never against STCG/LTCG at special rates, winnings or VDA income.

8MAT / AMT & Tax Credits

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Estimated book profit (for MAT, §206 — old 115JB)

MAT credit brought forward (accumulated up to 31-03-2026)

Deductions claimed that attract AMT (80-IA to 80RRB except 80P, 10AA, 35AD net)

AMT credit brought forward

9TDS, TCS & Advance Tax Paid

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TDS deducted / expected for the year

TCS collected / expected (§394)

Advance tax paid — by period

On or before 15 Jun 2026

16 Jun – 15 Sep 2026

16 Sep – 15 Dec 2026

16 Dec 2026 – 15 Mar 2027

16 Mar – 31 Mar 2027

Expected month of paying balance self-assessment tax (for interest u/s 424)

Advance Tax Position NEW REGIME

Total income₹0

Tax at normal rates₹0

Tax at special rates₹0

Less: rebate / marginal relief (§156)₹0

Add: surcharge (net of marginal relief)₹0

Add: health & education cess 4%₹0

Tax under normal provisions₹0

Total tax liability₹0

Less: TDS + TCS₹0

Advance tax required for the year₹0

Less: advance tax already paid₹0

Balance advance tax to pay₹0

Interest §425 / §424 if nothing more is paid₹0

Computation of Total Income & Tax

Particulars	Rate / basis	Amount (₹)

Round total income and tax to the nearest ₹10 (old 288A / 288B)

Advance Tax Instalments (§408) & Interest for Deferment (§425, old 234C)

Due date	Cum. %	Cum. required	Cum. paid	Shortfall	Interest

Sanchit A & Co

Chartered Accountants

Advance Tax Working — Tax Year 2026-27 (Income-tax Act, 2025)

System-generated estimate for planning purposes, prepared by Sanchit A & Co, Chartered Accountants. Final liability to be verified before payment / filing.

Disclaimer: This calculator is provided by Sanchit A & Co, Chartered Accountants, as an estimation tool for advance tax planning under the Income-tax Act, 2025 as amended by the Finance Act, 2026. It simplifies several provisions — clubbing, DTAA rates for non-residents, the proviso easing interest where capital gains/dividends arise after an instalment date, multiple house properties, AOPs with members taxed at maximum marginal rate, foreign-source income and relief, and detailed eligibility conditions for exemptions and concessional regimes. It does not constitute tax advice, an assessment or a signed computation. Please have the final liability verified by us before remitting any instalment.