About this tool

Freelancer Advance Tax Planner

Plan quarterly advance tax instalments and due dates on freelance and professional income.

Freelancer Advance Tax Planner turns a year of consulting or professional income into the four advance tax instalments the Income Tax Act actually asks for. It computes slab tax under the new or old regime, applies the Section 87A rebate, surcharge with marginal relief and 4% cess, subtracts the TDS your clients deducted under Section 194J, and then spreads the balance across the 15 June, 15 September, 15 December and 15 March due dates. Built for freelancers, consultants, doctors, designers and other professionals with no employer withholding their tax for them.

How to use Freelancer Advance Tax Planner

1. 1

   Open Freelancer Advance Tax Planner on AltFTool — it loads instantly in your browser.

2. 2

   Enter the values you already know.

3. 3

   Fine-tune the options to match your scenario.

4. 4

   Read the result and use it in your planning or reporting.

Why use Freelancer Advance Tax Planner

• TDS-aware

  Advance tax is computed on the liability net of TDS, which is what Section 208 actually tests.

• Both regimes

  Compare the new regime's wider slabs against the old regime with your Chapter VI-A deductions.

• Real due dates

  Each instalment is dated and flagged once its due date has passed, so nothing slips into 234C interest quietly.

Common use cases

• Decide how much to set aside each quarter once a few retainer clients are locked in for the year.
• Check whether the 10% TDS your clients already deducted covers your liability or leaves a shortfall.
• See how opting into Section 44ADA changes the schedule to a single 15 March payment.

Frequently asked questions