https://www.taxtmi.com/acts?id=48847 Advance tax is payable during a tax year in respect of the assessee's current income-the total income chargeable to tax for that year-and advance payments must be made in that year; however, resident individuals who have no income under Profits and gains of business or profession and who qualify as senior residents during the tax year are exempt from that advance payment requirement. en-us Fri, 14 Feb 2025 13:12:15 +0530 Thu, 20 Feb 2025 15:46:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=48847 Advance tax is payable during a tax year in respect of the assessee's current income-the total income chargeable to tax for that year-and advance payments must be made in that year; however, resident individuals who have no income under Profits and gains of business or profession and who qualify as senior residents during the tax year are exempt from that advance payment requirement. Act-Rules Bills Fri, 14 Feb 2025 13:12:15 +0530 https://www.taxtmi.com/acts?id=48847