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Advance tax

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02 March 2015 A man attaining age of 80 years on December, 2014 and he get pension, interest income, rental income. His taxable income above Rs.6,00,000/-for the F.Y. 2014-2015. Now, He can entitle to pay advance tax before 15 the March, 2015.

02 March 2015 http://taxguru.in/income-tax/senior-citizens-business-income-exempt-advance-tax-payment.html

in this case does not have income from business hence no advance tax is applicable.



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