Interest on advance tax for senior citizen
This query is : Resolved
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Rakesh Chandra Purohit
(Querist)
12 September 2025
sir I entered in intra day trading by mistake and sold instantly and earned a profit of Rs 201 but after STT the nett amount is loss of 250 , Will I have to pay interest on advance taxes as I am a senior citizen ?
Dhirajlal Rambhia
(Expert)
12 September 2025
Yes, if you declare the loss in ITR 3. You can avoid it, if it is your single transaction.
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Dhirajlal Rambhia
(Expert)
19 September 2025
Good Luck...
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