Advance Tax Payment by Senior Citizens

Dear Team
I want to know whether Advance Tax needs to be paid by Senior Citizens and are there any conditions.

Thanks for your support

Hi @Raj_Kumar1 ,

A person whose tax liability exceeds 10,000 has to pay advance tax.

However there is an exception for senior citizens (60 years or more), not having any taxable income under Business and Profession. There is no requirement for them to pay advance tax.

Check this

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