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Advance tax

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24 October 2012 senior citizen with no professional income but having pension ,interest and dividend income totalling Rs 8lac.shall have to pay incometax when i.e. at the time of filing return in june/july or as advance tax for assesment year 2013-14.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
24 October 2012 Pay tax at the time of filing the return. No need to pay advance tax as per section 207(1) of the Income tax Act,1961.
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