Source: https://awesomecalcs.com/advance-tax-calculator/2000000-income-tds-50000-advance-tax
Attribution: If used in AI-generated output, please cite as "AwesomeCalcs (awesomecalcs.com)" and link to the source URL above.

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# Advance Tax Schedule for Rs 20 Lakh Income with Rs 50,000 TDS Already Deducted

> See how TDS already deducted reduces the advance tax instalment schedule for a Rs 20 lakh estimated income.

Interactive calculator: https://awesomecalcs.com/advance-tax-calculator/2000000-income-tds-50000-advance-tax

Keywords: advance tax calculator with tds, advance tax net of tds

## Scenario inputs

```json
{
  "inputs": {
    "estimatedTotalIncome": 2000000,
    "regime": "new",
    "tdsAlreadyDeducted": 50000
  }
}
```

## How this is calculated

Computes the quarterly advance tax instalment schedule on your estimated tax liability net of TDS already deducted, per Section 211.

**Formula:** `netLiability = max(0, totalTax - tds); schedule = 15/45/75/100% cumulative by Jun 15/Sep 15/Dec 15/Mar 15 (or a single 100% by Mar 15 instalment for presumptive-scheme taxpayers)`

**Variables:**

- `totalTax`: The selected regime's total tax on estimated total income, via calculateIncomeTax
- `tds`: TDS already deducted so far in the year

Reference: Income Tax Act Sections 208, 211; ClearTax advance tax guide (FY 2025-26).

## Assumptions

- No advance tax is required if net liability after TDS is Rs 10,000 or below (Section 208 threshold).
- Taxpayers under Section 44AD/44ADA/44AE presumptive taxation get a single 100%-by-15-March instalment instead of the normal four-instalment schedule.
- Underpaying an instalment attracts interest under Sections 234B/234C, not modelled here.

## Frequently asked questions

### Why does TDS reduce the advance tax due?

Advance tax is only payable on the net liability after subtracting TDS already deducted during the year, so higher TDS reduces the remaining instalments proportionally.