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<h1>Advance tax exemption for senior resident individuals without business income, removing advance payment obligation under amended rules.</h1> The amendment inserts a new sub section exempting a resident Indian individual from advance tax obligation if the individual has no income under 'Profits and gains of business or profession' and is sixty years or older at any time during the previous year; the change is declared retrospective from the financial year beginning 1 April, 2012.