| all the companies, who are liable to pay the Instalments of advance tax, in four instalments during each financial year and the due date of each instalment and the amount of such instalment shall be as specified in Table I below : | |
| Important dates for payment of advance taxes and filing your income tax returns | |
| On or before the 15th June |
Payment of advance tax (1st instalment) |
| On or before the 15th September | Payment of advance tax (2nd instalment) Not less than forty-five per cent of such advance tax, as reduced by the amount, if any, paid in the earlier instalment |
| On or before the 15th December | Payment of advance tax (3rd instalment) Not less than seventy-five per cent of such advance tax, as reduced by the amount or amounts, if any, paid in the earlier instalment or instalments. |
| On or before the 15th March | Payment of advance tax The whole amount of such advance tax as reduced by the amount or amounts, if any, paid in the earlier instalment or instalments; |