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Income Tax ...

Tax rates for the year 2008-09

Tax rates for the year 2009-10

Tax rates other than individuals

Advance payment of Tax

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Advance payment of tax

Though income of the previous year is taxable in the immediately following assessment
year, yet an assessee is required to pay tax during the financial year preceding the
assessment year on the basis of his own computation of income

Due dates of payment of advance tax

Advance tax is payable as follows :

	In the case of a corporate assessee	In the case of a non-corporate assessee
On or before June 15 of the previous year	Up to 15 % of advance tax payable	----------
On or before September 15 of the previous year	Up to 45 % advance tax payable	Up to 30 % advance tax payable
On or before December 15 of the previous year	Up to 75 % advance tax payable	Up to 60 % advance tax payable
On or before March 15 of the previous year	Up to 100 % advance tax payable	Up to 100 % of advance tax payable

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