INCOME TAX2 Sept 2026
Advance Tax Fourth Instalment Due on 15 March
Taxpayers with an estimated tax liability exceeding Rs 10,000 must pay 100 percent of their advance tax by 15th March 2026. This is the deadline for the fourth instalment. Missing the payment may lead to penal interest under Sections 234B and 234C of the Income Tax Act, 1961. Business owners and other taxpayers should review their estimated liability and ensure the full advance tax is paid by the deadline.
Key Statutory Highlights
- The deadline is 15th March 2026.
- Taxpayers with estimated tax liability exceeding Rs 10,000 must pay 100 percent of their advance tax.
- Non-payment may result in penal interest under Sections 234B and 234C.
Actionable Advice for Taxpayers / Founders:Review your estimated tax liability and pay 100 percent of your advance tax by 15th March 2026.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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