State-specific compliance

Advance Tax Payment (Quarterly) in Maharashtra

How Advance Tax Payment (Quarterly) applies to a business operating in Maharashtra, with the state-level authority, citations and the next deadline.

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Information, not legal advice. Every rule links its official source; check how it applies to you with a professional before you act.

Definition

Advance Tax Payment (Quarterly) as it applies to businesses operating in Maharashtra. Estimated income-tax liability above Rs 10,000 must be paid in four instalments — 15% by 15 Jun, 45% by 15 Sep, 75% by 15 Dec, 100% by 15 Mar. Presumptive scheme taxpayers pay 100% by 15 Mar.

SourceIncome-tax Act, 1961 — Sections 207–219 · Section 211
incometax.gov.in

What it means in practice

Advance Tax Payment (Quarterly) is a central regulation that applies uniformly across India, including Maharashtra. In Maharashtra, the day-to-day administering authority and the office where filings are submitted will be the jurisdictional Income-tax officer in Maharashtra.

Senior citizens with no business income are exempt. Resident individuals filing under 44AD/44ADA only pay one instalment in March.

SourceIncome-tax Act, 1961 — Sections 207–219 · Section 211
incometax.gov.in

Does Advance Tax Payment (Quarterly) apply to your business in Maharashtra?

Facet	Condition	Applies
State coverage	Central regulation: applies in all states and union territories	Yes
Sector coverage	Applies across all sectors	Depends

Deadlines and penalty

Cadence: Quarterly · Recurring
Next due: Upcoming Next due 15 Dec 2026 (in 65 days)
Penalty for default: Interest u/s 234B (1% per month for shortfall) + 234C (1% per month per missed instalment).

The next date is worked out from today (India time) and the rule's statutory schedule; extensions notified by the government are not reflected.

Citations

SourceIncome-tax Act, 1961 — Sections 207–219 · Section 211
incometax.gov.in