Advance Tax
Pay tax during the FY when estimated tax liability exceeds the prescribed amount. Instalments: 15% by 15 Jun, 45% by 15 Sep, 75% by 15 Dec, 100% by 15 Mar.
Interest u/s 234B/234C may apply for shortfall or delay.
Compliance & Taxes
Payments, instalments and interest provisions
Self‑Assessment Tax
Balance tax payable after TDS/TCS and advance tax adjustments; usually paid before filing the return to avoid further interest.
Belated and Revised Return
A belated return is filed after the due date with late fees. A revised return corrects an earlier ITR within the permitted window.
PAN
Permanent Account Number issued by the Income Tax Department; mandatory for return filing and many financial transactions. Keep PAN and profile details updated.
Aadhaar Linking
Link PAN with Aadhaar within prescribed timelines to keep PAN active and avoid higher TDS/TCS implications as per law.
Due Date
Statutory last date for filing ITR depends on the category of taxpayer and audit requirements; late filing attracts fees and interest.
Notice under Section 139
Communications relating to return filing, such as requiring a return or treating a return as defective, with timelines to respond and rectify.
Rectification u/s 154
Mechanism to correct mistakes apparent from record in an intimation or order. Can be sought online within prescribed time limits.
Assessment Proceedings
Scrutiny and verification by the tax authority through notices and queries. Respond within time and keep supporting evidence ready.