<s>[INST] What is the due date for payment of Advance tax and Self Assessment tax? [/INST] (B) LAST DATE FOR PAYMENT OF SELF ASSESSMENT TAX

As per section 140(1) , Payment of income-tax on self-assessment should be done by the assessee before the date of filing of return of income. The payment made after the due date of filing return of income attracts interest under section 234A.

(C)LAST DATE FOR PAYMENT OF ADVANCE TAX

(b)   The due dates for payment of different instalments of advance tax are as follows :-

(i)                 For assessees (other than those covered under section 44ADA of the Income-tax Act, 1961)

 

On or before 15th June	15% of advance tax
On or before 15th Sept	45% of advance tax
On or before 15th Dec	75% of advance tax
On or before 15th March	100% of the advance tax
 

(ii)               For assessees covered under section 44AD and section 44ADA (under presumptive taxation scheme) of the income-tax Act, 1961, are required to pay advance tax on or before 15th Mar </s>