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Due Date for Payment of Advance Tax is 15th June 2021

Vishnu Daya & Co LLP > NewsletterAlerts  > Due Date for Payment of Advance Tax is 15th June 2021

Due Date for Payment of Advance Tax is 15th June 2021

This is to bring to your kind attention that the due date for payment of first instalment of advance tax (15%) for the financial year 2021-22 is 15.06.2021. Kindly take necessary actions to make the payment within the due date.

It is to be noted that though Government of India has announced series of relief measures due to COVID- 19, there is no change in timeline for payment of tax.

For taxpayers opting for Presumptive Taxation Scheme under section 44AD & 44ADA, 100% advance tax need to be paid before 15th March (4th quarter) and hence no requirement of making payment in instalments.

Kindly let us know for any help or clarifications in this regard.

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