New Delhi, March 16 -- Yesterday, 15 March, was the last day to pay the final installment of advance tax deadline for this financial year. This has to be paid by individuals whose net liability remains Rs.10,000 or more, even after tax deducted at source (TDS), tax collected at source (TCS), and tax credits have been taken into account.

A day after the deadline, we explain how you can check and download your advance tax challan, what to do in case there was a mistake, and a stepwise guide on how you can make corrections.

A "pay-as-you-go" system of taxation, advance tax is paid in installments on estimated tax for the financial year. It is to be paid through the official income-tax portal here - https://www.incometax.gov.in/iec/foportal...