Advance tax


This query is : Resolved 

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

28 June 2014 yes, if they have business income. otherwise senior citizens are exempted from advance tax...

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.

15 July 2014 agree with above ans.................................


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