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Advance tax

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(Querist)
28 June 2014 senior citizen should pay the advance tax ? and if yes how i will treat.
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
28 June 2014 yes, if they have business income. otherwise senior citizens are exempted from advance tax...
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Rupesh Jain

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Rupesh Jain (Expert)
30 June 2014 if he have income from business and tax liability is more than rs. 10000/- then advance tax will be deposited . otherwise no required.
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
15 July 2014 agree with above ans.................................
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