[ Interest for deferment of Advance Tax ]

[ For Assessment Year 2017-2018 and onwards ]

Net Tax Payable
[ after Rebate, Relief and TDS/TCS, if any ]

Assessee Type

Select Company Other

Details of Advance Tax Paid

Before
16-06

Between 16-06
to 15-09

Between 16-09
to 15-12

Between 16-12
to 15-03

Amount (Rs.)

Advance Tax Payable and Shortfall

Payable (%)

Payable (Rs.)

Shortfall (Rs.)

Interest Payable on shortfall

Payable (%)

Payable (Rs.) **

Total

NOTE :
If the Net Tax Payable is below Rs.10,000/-, no Advance Tax is payable as per Section 208 of the Income Tax Act and accordingly interest is not applicable for shortfall in payment of Advance Tax Installments.

** In the case of Companies, No Interest is payable for Shortfall if the advance tax paid on or before 15-06 is not less than 12% and paid before 15-09 is not less than 36% of Net Tax Payable.