Easy Office
LCI Learning

Penalty on late payment of advance tax

This query is : Resolved 

13 July 2019 For senior citizen can the payment of tax approx. on total income including LTCG ( Immovable Property - sale of a flat ) of approx. Rs. 12 Lakhs in FY 2018-19 (19.6.2018) be done at the time of filing returns (31st July 1919)
or it has tobe done earlier ?
and if so , what are the Penalties and Fines ?
I am a senior citizen

13 July 2019 Charuchandra Kharpate (Querist) 13 July 2019 For senior citizen can the payment of tax approx. on total income including LTCG ( Immovable Property - sale of a flat ) of approx. Rs. 12 Lakhs in FY 2018-19 (19.6.2018) be done at the time of filing returns (31st July 1919) or it has tobe done earlier ? and if so , what are the Penalties and Fines ? I am a senior citizen


13 July 2019 If you have no income from 'business or profession', no need to pay advance tax being a senior citizen.






You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries