Advance Tax & Quarterly Estimates
Computation and management of quarterly advance tax under the law — estimates filed, instalments right-sized, and the September/December/March/June cycle handled without surprises.
Who needs this
Companies and AOPs within the advance-tax regime, and larger individuals whose income triggers instalment obligations.
What we'll need from you
- Latest filed return and current-year management accounts
- IRIS credentials
- Any seasonality or one-off events affecting this year's income
How we deliver
Step by step.
01
Baseline & projection
Current-year liability projected from real numbers, not last year's by default.
02
Estimate filings
Where projections justify lower instalments, the estimate is filed properly — with the documentation to defend it.
03
Quarterly cycle
Instalments computed, challans prepared, payments confirmed, every quarter.
04
Year-end true-up
Advance tax reconciled into the annual return so credits land where they should.
TimelineA fixed quarterly rhythm aligned to the statutory instalment dates.
Questions
Frequently asked questions
What happens if we just skip instalments? +
Default surcharge and unwanted attention — and the money is due anyway. Right-sizing instalments legally is cheaper than ignoring them.
Our income crashed this year. Must we still pay on last year's numbers? +
No — the law allows a lower estimate where you can support it. That's precisely the filing we prepare.
Can overpaid advance tax be recovered? +
It becomes a credit in your return and, where it exceeds liability, a refund claim — see the refunds service.
Advance Tax & Quarterly Estimates, done right.
Book a consultation or message us on WhatsApp.