Advance Income Tax Automatic Excel Calculator Financial Year: 2025-26

Advance Income Tax Automatic Excel Calculator for F.Y.: 2025-26

Advance Income Tax is a system where taxpayers pay their tax liability in installments throughout the financial year rather than in a lump sum at the end. It ensures a steady revenue stream for the government and reduces the burden of paying a large sum at once for taxpayers. To simplify tax calculation and compliance, an Advance Income Tax Automatic Excel Calculator is an essential tool for individuals and businesses.

What is an Advance Income Tax Automatic Excel Calculator?

An Advance Income Tax Automatic Excel Calculator is a pre-designed Excel spreadsheet that helps taxpayers estimate and calculate their advance tax liabilities accurately. It incorporates tax slabs, deductions, and exemptions, reducing the risk of miscalculation. The calculator automatically computes the tax amount based on the entered income and applicable tax laws.

Key Features of the Automatic Excel Calculator for FY 2025-26

1. Pre-loaded Tax Slabs: The calculator includes the latest tax slabs applicable for FY 2025-26 under both the old and new tax regimes.
2. Automated Calculations: No manual tax calculations are required, reducing errors and saving time.
3. Multiple Income Sources: Supports salary, business income, rental income, interest income, and capital gains.
4. Deductions and Exemptions: Includes deductions under Section 80C, 80D, HRA, Standard Deduction, and others.
5. Advance Tax Installments: Calculates tax payable for each due date (June 15, September 15, December 15, and March 15).
6. User-Friendly Interface: Designed for easy data input, making it accessible even for non-accountants.
7. Tax Liability Breakdown: Provides a detailed tax liability summary, including any rebate under Section 87A.

How to Use the Excel Calculator?

Step 1: Download the Excel Calculator

• Download the Advance Income Tax Excel Calculator for FY 2025-26 from a reliable source.

Step 2: Enter Basic Details

• Input your name, age, and tax regime (Old or New).
• Choose if you are a salaried individual, business owner, or professional.

Step 3: Enter Your Income Details

• Enter income from salary, business, rental property, capital gains, and any other sources.

Step 4: Add Deductions and Exemptions

• Input deductions under Section 80C (PF, PPF, LIC, ELSS, etc.), 80D (Health Insurance), 80E (Education Loan Interest), and HRA exemptions.

Step 5: Automatic Tax Calculation

• The calculator will compute gross taxable income, tax payable, advance tax amount, and applicable rebates.

Step 6: View Advance Tax Payment Schedule

• Based on the calculated tax liability, the Excel sheet will display the advance tax payable in four quarterly installments.

Step 7: Pay Advance Tax Online

• Visit the Income Tax Department’s e-filing portal or your bank’s net banking facility to pay the advance tax online.

Who Needs to Pay Advance Tax?

The following individuals and entities are required to pay advance tax:

1. Salaried Individuals with substantial income from other sources (rental, interest, or capital gains).
2. Freelancers and Business Owners with an annual tax liability exceeding ₹10,000.
3. Senior Citizens (above 60 years) who have business income.
4. Companies and LLPs with taxable income.

Advance Tax Payment Due Dates for FY 2025-26

Installment	Due Date	Advance Tax Payable
1st Installment	15th June 2025	15% of total tax liability
2nd Installment	15th September 2025	45% of total tax liability (cumulative)
3rd Installment	15th December 2025	75% of total tax liability (cumulative)
4th Installment	15th March 2026	100% of total tax liability

Benefits of Using an Automatic Excel Calculator

• Saves Time: Eliminates manual tax calculations.
• Accuracy: Reduces the risk of errors in tax estimation.
• Tax Compliance: Ensures timely payment of advance tax, avoiding penalties.
• Financial Planning: Helps taxpayers manage cash flow efficiently.

Advance Income Tax Calculator Year: 2025-26
Advance Income Tax Excel Calculator By Jagdish Patel	Download(download)
Advance Income Tax Excel Calculator By Pradip Sisodiya	Download(download)

An Advance Income Tax Automatic Excel Calculator is an essential tool for individuals and businesses to calculate and pay their advance tax efficiently. By using this Excel-based tool, taxpayers can ensure accurate tax payments, avoid penalties, and stay compliant with the Income Tax Department’s regulations for FY 2025-26.