Due Date for Payment of First Installment of Advance Tax is 15th June 2023 for AY 2024-25

This is to bring to your kind attention that the due date for payment of first instalment of advance tax for the financial year 2023-24 is 15.06.2023. Kindly take necessary actions to make the payment within the due date.

For taxpayers opting for Presumptive Taxation Scheme under section 44AD & 44ADA, 100% advance tax need to be paid before 31st March 2024 (4th Quarter) and hence no requirement of making payment in instalments.

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