TaxClue

Ask Veda

TaxClue AI · Active
Namaste! I'm Veda — TaxClue's AI compliance assistant. 🙏

Ask me anything about GST, ITR, Company registration, Trademark, FSSAI or any compliance topic. When you're ready, I'll connect you with our expert for a free callback.
Share your details — our expert will call you
Powered by TaxClue · India's Trusted Compliance Platform
Indian FY · April–March · Quarter & AY

Financial Year & Quarter Finder

Pick any month and calendar year — see the Indian financial year, its quarter (Q1–Q4) and the assessment year, live.

🗓️ Pick a month & year
Month Calendar month of the date
Calendar year The year printed on the date
The Indian financial year runs 1 April → 31 March. April–December belong to the FY that starts that calendar year; January–March belong to the FY that started the previous calendar year.

Full breakdown

◆ Free Expert Help

Never miss a quarterly compliance deadline

Get a TaxClue expert to track your GST, TDS and advance-tax dates every quarter.

✓ We'll contact you shortly!

Disclaimer: Indicative reference tool. The Indian financial year is fixed at April–March; compliance dates listed are typical statutory dates and may shift with government notifications.

The FY-quarter reference calendar

Unlike the January–December calendar year, the Indian financial year (and its four quarters) is measured from April to March. Here is what falls in each quarter, and the compliance that typically lands in it.

Quarter 1Q1
Apr · May · Jun
  • Start of the financial year
  • First advance-tax instalment (15% by 15 Jun)
  • Q4 (prior FY) TDS returns & Form 16 issue
  • GSTR-1 / GSTR-3B monthly filings
Quarter 2Q2
Jul · Aug · Sep
  • ITR filing due (31 Jul, non-audit)
  • Second advance-tax instalment (45% by 15 Sep)
  • Q1 TDS return (Form 24Q/26Q)
  • Tax-audit & report season begins
Quarter 3Q3
Oct · Nov · Dec
  • Tax-audit ITR due (31 Oct)
  • Third advance-tax instalment (75% by 15 Dec)
  • Q2 TDS return; GST annual return prep
  • Belated / revised return window
Quarter 4Q4
Jan · Feb · Mar
  • Final advance-tax instalment (100% by 15 Mar)
  • Year-end tax-saving investments (80C etc.)
  • Q3 TDS return; books close on 31 Mar
  • GST reconciliation before year end
Note: January, February and March sit in Q4 of a financial year that began the previous calendar year — e.g. Feb 2026 is Q4 of FY 2025-26.

How the finder works

Given just a month and a calendar year, the tool maps the date onto India's April–March financial year and then to the right quarter and assessment year.

1

Read the month

Months April (4) to December (12) belong to the FY that starts in the selected calendar year.

2

Roll back Jan–Mar

Months January (1) to March (3) belong to the FY that started the previous calendar year, so the start year is year − 1.

3

Label the FY

The FY label is start-year to the next year, e.g. 2025-26. The quarter is Q1 Apr–Jun, Q2 Jul–Sep, Q3 Oct–Dec, Q4 Jan–Mar.

4

Derive the AY

The assessment year is always the FY plus one — income of FY 2025-26 is assessed in AY 2026-27.

Key terms explained

Financial Year (FY)

The 12-month period the government uses for accounting and taxing income — 1 April to 31 March in India. Income you earn in this window is a single financial year, e.g. FY 2025-26.

Assessment Year (AY)

The year after the FY, when that income is assessed and the return is filed. It is always FY + 1 — income of FY 2025-26 is filed in AY 2026-27.

Calendar year vs FY

A calendar year is plain January–December. The FY is offset — so a date in Jan–Mar falls in a financial year that already began the previous calendar year (Q4).

Quarter & why April

Each FY splits into four quarters — Q1 Apr–Jun, Q2 Jul–Sep, Q3 Oct–Dec, Q4 Jan–Mar. India's April start dates to the colonial-era Government of India accounting cycle, and quarters drive GST, TDS and advance-tax deadlines.

More Compliance Tools

Explore related free calculators and tools built by our chartered accountants — pick one from the panel to keep going, or browse the full toolkit.

Disclaimer: This tool gives indicative results for general guidance only and is not professional advice. Please verify with a qualified CA before acting on the numbers.