Respected Sir, I am a Senior Citizen, retired from a PSU as executive and receiving monthly pension. Recently I have sold a piece of land and gained Long Term capital gains on this property. It is learnt that the Senior citizens need not pay advance tax in every quarter if they will not receive the income from Profits and gains from Business.

Since, I received capital gains on sale of property, should I pay advance tax? Kindly confirm at the earliest.

I am 65 years old retired teacher having Rs 40,000 pm pension. This year I have LTCG of Rs 17 lakh by selling mutual funds. Should I pay advance tax?

For a 60+ person,advance income tax is not required to be paid.When such person need to pay the income tax ie before 31st March or in July at the time of filing the income tax return.

Sir I have sold a 1bhk house after keeping it with me for about 20 years After deducting my expenses on its improvement like re wiring, floor replacing, compound wall Erection et.sold that house on 20 feb2021. I have parked my cap gain 1069000 in SBI cap gain savings account on 19 Jul2021. I declared ?1069000 in my return on 31 Jul 2021.But neither I could purchase a house nor I constructed a house. Iam a senior citizen retired from IAF. Drawing pension. I do get vehicle insurance commission and MF distributor commission.How to avoid cap gain Tax. As my Capgain ac completes 3 years my amount will be transferred to cap gain scheme A ( savings ac) Am I to pay advance tax for this amount. My pension and commission amount comes yearly around 4.40 lakh. Will this amount also be added to cap gain and tax will be assessed as regular income and my liability to pay advanvance tax. Or I have to pay advance tax only for the amount 10.69 lakh. Will my regular income other than Capgain be liable for 30% with Edu cess and with liability pay advance tax

I am senior citizen having income from FDs and STCG & LTCG fro shares. Am I liable to pay advance tax?