Streamlined Advance Tax Computation & Payment

Streamlined Advance Tax Computation & Payment

  • Avoid 234B and 234C interest on advance tax defaults - Lawxygen computes your optimal advance tax schedule and ensures timely quarterly payments throughout the financial year

Custom packages available starting from

₹1,999/-

Get Consultation Quote

Here's How It Works

Step 1

Income Projection

Income Projection

Step 2

Tax Computation

Tax Computation

Step 3

Challan 280 Payment

Challan 280 Payment

Step 4

Quarterly Review & Adjustment

Quarterly Review & Adjustment

What Our Clients Say

“Lawxygen provides top-tier support. Registration timelines were strictly followed with full transparency.”

Rahul Verma

Rahul Verma

Director, TechNexus

Here's What You'll Need

Avoid 234B and 234C interest on advance tax defaults - Lawxygen computes your optimal advance tax schedule and ensures timely quarterly payments throughout the financial year.

  • Document
  • Notes / Format
  • Last year's ITR
  • For base income estimation and prior year tax profile
  • Current year salary slips / P&L (provisional)
  • For income projection
  • TDS certificates received to date
  • Form 16A from clients/banks to credit against advance tax
  • Capital gains transactions (if any)
  • Share sale statements, property sale details for gains computation
  • PAN Card
  • For challan 280 generation
  • Bank account details
  • Net banking credentials for challan payment

Why Should I Use Lawxygen for Registering a Private Company Online in India?

Expert Lawyers

Services by certified professionals

Affordable

Pricing that respects founders

Fast Tracking

Efficient application clearance

Ready to start your business with limited liability? Lawxygen makes it simple and affordable.

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Did you know?

Formal registrations protect your personal assets and increase brand perception exponentially.

Our automated compliance dashboards keep you updated proactively so you never miss a deadline.

Overview - advance tax computation payment Registration

What is it?

Advance Tax is the payment of income tax in instalments during the financial year (rather than in a lump sum at year-end) when the estimated tax liability after TDS exceeds ₹10,000. Non-payment or short-payment attracts interest under Sections 234B and 234C. Advance tax applies to individuals, businesses, companies, and LLPs.

Governed by

Income Tax Act, 1961 (Sections 207–211, 234B, 234C) · CBDT · Payment via income tax portal (incometax.gov.in) using Challan 280 · Due dates: 15th June (15%), 15th September (45%), 15th December (75%), 15th March (100%) of estimated tax.

Minimum requirements

Estimated income for the financial year · TDS expected to be deducted · PAN of the taxpayer · Advance tax liability exceeding ₹10,000 after TDS deduction.

What you receive

Advance tax computation schedule (quarterly) · Challan 280 generation and payment support · Section 234B/234C interest computation · Year-end reconciliation with ITR.

Benefits - Benefits of Company Registration Online Using Lawxygen

Who Usually Requires This?

The Advance Tax Computation & Payment solution matches perfectly with these profiles:

  • Profile
  • Why It Applies
  • Salaried employees with significant non-salary income
  • Employees earning additional income from FD interest, rent, capital gains, or freelancing - where TDS on salary is insufficient to cover total tax liability.
  • Freelancers, consultants, and self-employed professionals
  • Professionals whose clients don't deduct TDS (or deduct at lower rates) must pay advance tax quarterly to avoid Section 234C interest.
  • Businesses and companies with tax liability
  • All companies and LLPs must pay advance tax regardless of size. A company with ₹10 lakh+ annual profit will have significant advance tax obligations.
  • Investors with capital gains
  • Investors selling shares, property, or mutual funds during the year must compute advance tax on capital gains and pay by the relevant installment date.

How It Works

Execution is straightforward. Hand over the details and relax.

Consultation Request

Drop your inquiry.

Data Preparation

Our agents format the forms via robust checks.

Execution

Final approvals fetched from the regulating authorities.

Expected Additional Levies

  • Filing Fees to Government
  • E-Stamp Duties according to state norms
  • Processing Levies based on capital limits

Core Advantages to Remember

Avoid Penalties

Better Market Position

Standardized Documentation

FAQ's