10+ mon, 4+ week ago  (763+ words) On appeal CIT(A) though "accepted the fact of senior citizen "& has disclosed Rs Nil income under the head profit & gains of business or profession, held that both the provisions of sec. 207 & 208 "should be fulfilled & the assessee has not complied the…...

11+ mon, 5+ day ago  (596+ words) Senior citizens earning income solely from pensions or investments such as interest, dividends, or capital gains are exempt from paying advance tax under Section 207 of the Income Tax Act. This exemption does not apply to senior citizens with income from…...