Estimated Tax Payments 2024 Schedule Pdf. This tax becomes due if your estimated tax payable exceeds rs 10,000. Income tax paid in advance during the fiscal year rather than at the end of the year is known as advance tax.

For individuals and corporations, the advance tax is to be paid in four instalments throughout the financial year, which runs from april to march. This tax becomes due if your estimated tax payable exceeds rs 10,000.