Last date for paying tax without penalties/interest for senior citizens

525 views 2 replies

For senior citizens with no income from business or profession, I understand that advance tax installments (15Jun, 15Sep, 15Dec, 15Mar) are not required to be paid. But if there is additional tax to be paid beyond the TDS, what is the last date for making the remaining tax payment so that there are no penalties or interest on account of delay in payment?
Is the tax required to be paid in full by 31-March or can it be paid before filing the tax returns by 31-July without any penalties / interest?
Question is for the current AY (2024-25). Thanks

Replies (2)

Yes you can make the payments when filing the income Tax returns. If it is a salary income then the company has liability to deduct & pay tds. 

Thanks to your timely response.
I was about to make the tax payment on 31-March but now I have deferred it till I am ready to file my returns in July.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
16 July 2026
Manager - Finance & Accounts

Aliens Group

Hyderabad

CA Final

View Details
Company
13 July 2026
AVP / VP - PCG Advisory

Workforce Connect

Mumbai

MBA

View Details
Company
21 July 2026
Chartered Accountant

Keshri & Associates

Thiruvananthapuram

CA

View Details
Company
Featured 18 July 2026
Senior Manager- Finance & Accounts

apricus india

Ahmedabad

CA

View Details
Company
ARTICLESHIP 10 July 2026
Article Assistant

N S Gokhale & Co

Thane

CA Inter

View Details
Company
23 July 2026
CA Inter

Vikram Jadhav and Company

Pune

CA Inter

View Details
Company
05 July 2026
Financial Controller

NovumLake Partners

Mumbai

CA

View Details
Company
28 July 2026
Senior accountant

RJ Public School

Bengaluru

B.Com

View Details