Advance tax fourth instalment deadline is March 15, 2026. Taxpayers with annual tax liability of Rs 10,000 or more after TDS deductions must pay to avoid penalties and interest charges. Advance tax operates as a pay-as-you-earn system with four instalments throughout the financial year. The final payment requires 100 percent of total tax liability. Missing the March 15 deadline triggers interest under Income Tax rules. Payments can be made online through the e-filing portal or offline at authorised banks using Challan ITNS 280. Companies and audited entities must use online mode only. This instalment concludes the advance tax obligations for assessment year 2026-27. Proper tax planning helps minimise liability within legal frameworks. Salaried individuals with extra income, freelancers, professionals, and businesses typically need to comply with advance tax requirements.
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