Advance tax- senior citizen

· The senior citizens not having any income from business/profession, is not liable to pay Advance Tax from Assessment Year 2013-14.

· Important :If your are having income from salary / pension and tax is deducted by your employer, the income from salary/pension, tax deducted at source by the employer and deduction(s) taken into account by the employer should be excluded while calculating Advance Tax payable by you i.e. where TDS on salary/pension income is deducted by employer, Advance Tax is payable on income other than salary income less TDS/TCS (other than TDS deducted/to be deducted by the employer) less deductions (other than those already taken into account by the employer).

Originally posted by : CA Vikas Kumar Sharma
	· The senior citizens not having any income from business/profession, is not liable to pay Advance Tax from Assessment Year 2013-14. · Important :If your are having income from salary / pension and tax is deducted by your employer, the income from salary/pension, tax deducted at source by the employer and deduction(s) taken into account by the employer should be excluded while calculating Advance Tax payable by you i.e. where TDS on salary/pension income is deducted by employer, Advance Tax is payable on income other than salary income less TDS/TCS (other than TDS deducted/to be deducted by the employer) less deductions (other than those already taken into account by the employer).