Certification Course on Practical Filing of GST Returns
Learn the art of AI prompt
Certification Course on Python with AI for Finance Professionals
GST on Hospital Sector
DPDP Act, 2023 : Impact on CA Firms
Are Senior citizens exempted from paying advance tax?. If so, where do I get the relevant instructions?.
N.V.kumar
Yes, senior citizens who do not have income from business or profession are exempt from payment of advance tax.
Kindly see para 3.7 of the following attachment.
https://www.bcasonline.org/articles/artin.asp?1055
For the AY 2014-15, senior citizen have do not income earn from the business or profession are excempt from the payment of advance tax.
Your are not logged in . Please login to post replies Click here to Login / Register
More recent discussions | Post
India's largest network for finance professionals
Alternatively, you can log in using: