Section 234 b & c

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Querist : Anonymous

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Querist : Anonymous (Querist)
07 January 2014 Hello,

If an Senior citizen (Above 70 years) doesn't deposit the Advance tax for the assessment year then shall he/she will be liable for payment of interest under Sec 234 B & C??

07 January 2014 not if he/she is not having business income, then not applicable...otherwise yes.


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