09 August 2014
Age is not a criteria to levy interest u/s 234A. Again if the said assessee has no income under the head 'income from business and profession' levy of interest u/s 234B and 234C will not attract.
09 August 2014
at present if your age is 60 and you have no business income then advance tax deposit not required from F Y 2012-13. then no question of intt. u/s 234B and 234C