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234B and 234C are not applicable to senior citizens

Kamlesh Dwivedi (3 Points)

06 April 2021

whether 234B and 234C are applicable to senior citizens or not.

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8 Replies

Ankit Neema (2742 Points)
Replied 06 April 2021

The provision of Section 234b and 234C does not apply to senior citizen having income other than business. If they have Business income then provision attracted.

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Kamlesh Dwivedi (3 Points)
Replied 07 April 2021

Whether it is mentioned in the Act or some Board circular has been issued

SUSHANT BIDAYE (601 Points)
Replied 10 April 2021

Read section for advance tax liability

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Yogesh Patel (32 Points)
Replied 11 April 2021

I agree with Ankit

Rabi Kar (2 Points)
Replied 21 September 2021

Can any one clarify: When senior citizens are exempted from paying advance income tax, why the new e-filing portal is adding interest on balance tax to be paid as self assessment tax now and that too within the extended due date of filing.

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Murugesan V (2 Points)
Replied 04 November 2021

Having same problem LIKE RABI KAR PL CLARIFY YB

R.marimuthu (MANAGING DIRECTOR) (32 Points)
Replied 20 December 2021

i am also having same problem the system automatically calculated 234b and 234c interest for senior citizens

We can not alter the field.what we will do any body can guide me

JJJ (Need help) (680 Points)
Replied 20 December 2021

My understanding is that interest starts accruing after the original due date of 31 July.

They only extended the date of filing the returns (because of their own incompetence and continuing disaster that is Infosys) but payment dates were not changed.