Advance tax is the tax that you are required to pay prior to the end date of filing income tax returns.
Advance tax is applicable for the following people:
Salaried employees or self-employed, professionals (CAs, Lawyers, etc), and businessmen.
If you fall in any of the above categories, and if your total tax payable is above INR 10,000; you shall have to pay advance tax.
You have income from other sources that do not qualify for tax-deductible at source, such as income from the sale of shares or mutual funds, rental income, income from fixed deposits, and winnings from lottery.
If you satisfy the above conditions, you shall have to pay advance tax.