CBDT Order U/s 119 Extending Due Date For Paying Advance-tax
The CBDT has issued an Order dated 13.12.2013 under section 119(2)(ia) of the Income-tax Act, 1961 extending the last date of payment of the December Quarter Instalment of Advance Tax for the financial year 2013-14 from 15th December 2013 to 17th December 2013 for all the assessees, Corporate and other than Corporates.
14 December 2013
In case an individual age more than 60 years, having income from Other Sources...ONLY SOURCE OF INCOME.... NOT REQUIRED TO PAY ADVANCE TAX IN TIME..w.e.f. 1.4.2013....Hence section 234 B & 234 C is NOT APPLICABLE