Advance tax

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Querist : Anonymous (Querist)
04 July 2013 whether Section 234B and 234C would be applicable to senior citizen for AY 2012-2013 if there is no income from business and profession

04 July 2013 Exemption is given w.e.f. FY 2012-13. So interest will be applicable in respect of FY 2011-12 i.e, AY 2012-13.


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