Interest on tax for late payment

This query is : Resolved

C R GOPINATHAN NAIR (Querist)
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14 April 2014 Sir/s, I have filed ITR for AY 2013-14 on 25th marchbbb. Tax due was also paid on the same date. Am I liable to pay interest on tax due? Is there any difference on the interest liability if I am a Senior Citizen?

Nikhil Kaushik

Nikhil Kaushik (Expert)
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15 April 2014 Sir, 234A interest shall apply regardless of age. interest under 234B and C shall not be applicable to senior citizens if there is no business/profession income.

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