September 2026 · Independent professionals

Advance tax for consultants
& freelancers

Big invoices. Uneven income. TDS that covers only part of the bill.
Work out your next instalment and keep the numbers behind it.

Tax Year 2026-271 Apr 2026 – 31 Mar 2027Individual practice / sole proprietor

Annual working

Amounts in INR for the full tax year, including your forecast for the remaining months.

Tax calculation method

For resident individuals using the new tax regime, with professional income and bank interest. Other income, losses, foreign tax credits or the old regime: use your CA's tax figure.

Gross fees before TDS, excluding GST. Include overseas client fees in INR.
Annual deductible costs and allowable depreciation. Exclude personal spending and income tax.
Include FD and savings interest. For salary, rent, dividends, capital gains or crypto, use a CA computation.
On the income included above, including eligible expected deductions. Do not deduct promised TDS on income already paid without withholding, or foreign withholding. Reconcile with tax-credit records.

Payments already made

Advance-tax challans for this tax year only. TDS belongs in the field above.

No advance-tax payments entered.

Your figures stay on this device. No account or email required.

Before you pay

Why TDS on my invoices may not cover my tax

TDS is a credit against your final bill. Your income-tax rate depends on annual taxable profit, other income, surcharge and cess. Estimate the whole year, then subtract eligible Indian TDS/TCS and the advance tax you have already paid. Gross invoice value and money received after TDS are different inputs.

Regular accounts or presumptive professional income?

Regular accounts use taxable profit after allowable expenses. Eligible specified professionals may use section 58(2), Table 3, subject to the receipts and cash limits. The deemed profit is 50% of receipts or the higher profit claimed to have been earned. The March-only advance-tax schedule is tied to eligible presumptive taxation; being a consultant does not automatically qualify you.

What is included in the income estimate?

New-regime slabs for resident individuals, the ordinary-income rebate and marginal relief around 12 lakh, surcharge at the 50 lakh / 1 crore / 2 crore boundaries, surcharge marginal relief, and 4% cess. Income and annual tax are rounded to the nearest 10 rupees; instalment targets are rounded up to whole rupees. Professional fees do not receive the salaried standard deduction.

What if I paid late or my income estimate changed?

The schedule uses your current annual estimate throughout. Historical gaps are indicative, not an interest assessment: actual income timing, earlier estimates and statutory exceptions can change the result. A late payment reduces the remaining balance but does not erase a gap at an earlier deadline. Interest under sections 424/425, penalties and filing fees are not calculated. Have your CA review these separately.

Basis checked: 13 September 2026. Income-tax Act, 2025: professional presumptive income, 10,000-rupee threshold, TDS/TCS computation and instalment schedule. CBDT rates and rebate FAQ. A planning estimate, subject to your facts and current law. Confirm your payment with your CA.

Surcharge, marginal relief and cess: CBDT 2026 tax-rate memorandum, Tax Year 2026-27.