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Advance tax calculator for financial year 2013-14

Advance tax is the tax what we need to pay in advance. The second installment liability of advance tax is coming on 15 December. So it is high time for calculating the advance tax liability and pay.

You need to pay advance tax only if the taxable amount is more than Rs. 10000 in the financial year. Advance tax is paid in three times in a year and last date to pay advance tax is as under.

15 September-30%

15 December- 30%

15  March- 40%

So many people face computing advance tax liability a complex issue as it needs many more calculation before finalizing advance tax liability. So this is an excel based calculator which makes your task easy.

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