Guidance for Taxpayers on Missed Advance Tax Deadline and Payment Corrections

Taxpayers who missed the 15 March deadline for the final advance tax instalment can still make payments online via net banking, UPI, or cards, but may incur interest under Sections 234B and 234C of the Income Tax Act. Those with net tax liabilities of ₹10,000 or more must pay advance tax in instalments. Taxpayers can check and download their payment challans online and seek corrections through their jurisdictional assessing officer if needed to avoid further penalties.