India advance tax instalments
advance_taxCalculate statutory quarterly advance tax installments and interest penalties under Sections 208, 209, 211, 234B, and 234C of the Indian Income-tax Act. Determines exact installment deadlines (15% June 15, 45% Sept 15, 75% Dec 15, 100% March 15) and statutory shortfall interest.
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| as_of_date | Yes | Civil date YYYY-MM-DD. Selects the rule pack in force on that date. Required: the engine will not assume a date. | |
| assessed_tax | Yes | Estimated total annual net tax liability after TDS/TCS credits in INR (₹). Advance tax mandatory if >= ₹10,000. |