Advance Tax Planning & Compliance in South Delhi (AY 2026-27)

If your tax liability exceeds ₹10,000 in a financial year, advance tax payment is mandatory under income tax law.

Failure to comply can result in interest under Sections 234B and 234C.

CA Shiwali provides professional Advance Tax Planning & Compliance services in South Delhi, ensuring accurate estimation, timely payment, and full compliance.

📞 Consultation: 9266032777

What Is Advance Tax?

Advance tax is income tax paid in installments during the financial year instead of paying the entire amount at year-end.

It applies to:

• Business owners

• Self-employed professionals

• Freelancers

• High-salary individuals with additional income

• Capital gains cases

• Rental income earners

Who Must Pay Advance Tax?

Advance tax is mandatory if:

• Total tax liability exceeds ₹10,000

• You have income not fully covered by TDS

• You earn business or professional income

• You have capital gains from property or investments

Senior citizens without business income may be exempt.

Proper assessment is necessary.

Advance Tax Due Dates (FY 2025-26 | AY 2026-27)

Installment schedule generally follows:

• 15th June – 15%

• 15th September – 45% (cumulative)

• 15th December – 75% (cumulative)

• 15th March – 100%

Incorrect payment timing can attract interest liability.

Consequences of Non-Compliance

Failure to pay correct advance tax may result in:

• Interest under Section 234B

• Interest under Section 234C

• Cash flow strain at year-end

• Increased scrutiny risk

• Tax notices

Proactive planning avoids these issues.

Our Advance Tax Services Include

✔ Accurate income estimation
✔ Capital gains impact analysis
✔ Business profit projection
✔ Rental income computation
✔ Adjustment of TDS credits
✔ Installment planning
✔ Online challan generation assistance
✔ Compliance review before each due date

Advance Tax for Business Owners & Professionals

Business income fluctuates. Incorrect projections lead to:

• Overpayment (cash blocked)

• Underpayment (interest liability)

We analyze:

• Quarterly revenue

• Expense projections

• Depreciation impact

• Tax regime optimization

Advance Tax on Capital Gains

If you sell property or investments mid-year:

Advance tax liability may arise immediately.

Delay in payment can trigger interest.

We assist with:

• Immediate capital gains computation

• Installment restructuring

• Exemption planning under applicable sections

Why Advance Tax Planning Matters in 2026

With AIS tracking and system-based assessment:

• Income mismatches are easily detected

• Underreporting triggers automated notices

• High-value transactions are reported

Structured compliance protects financial reputation.

Why Choose CA Shiwali – South Delhi

✔ Accurate projections
✔ Updated with 2026 tax provisions
✔ Personalized advisory
✔ Transparent consultation
✔ Timely reminder support

📞 Book Advance Tax Consultation – 9266032777

Frequently Asked Questions

What happens if I miss an advance tax installment?

Interest under Sections 234B and 234C may apply depending on shortfall.

Can advance tax be revised during the year?

Yes, projections can be adjusted in subsequent installments.

Is advance tax applicable on capital gains?

Yes, if capital gains arise during the financial year.

Do salaried individuals need to pay advance tax?

If income beyond salary creates tax liability above ₹10,000, advance tax may apply.

Stay Compliant. Avoid Interest. Plan Smart.

Advance tax is not just a payment obligation — it is part of smart tax planning.

📍 Serving South Delhi
📞 CA Shiwali – 9266032777