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Advance tax for sen. citizen

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(Querist)
31 December 2015 Respected Sir,

Income tax Law Said Senior citizen is not liable to deposit advance tax because he is not have income from business or profession. but if he has an income from business or profession so he is liable to deposit advance tax or not. please suggess. your answer
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CA PARAS BAFNA

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CA PARAS BAFNA (Expert)
31 December 2015 If a senior Citizen is having Business/Profession income he is liable for advance tax. Section 207.

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