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Discussion > Income Tax > Tax queries >

Defination of senior citizen

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Service


[ Scorecard : 130]
Posted On 05 April 2010 at 13:55 Report Abuse

A person is  turning to 65 years on 8th April 2010, will he  be considered senior citizen for filling income tax return for the F.Y. 2010-2011 or will be treated as normal individual under the current income tax rules?

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CA. Ashish Bihani
C.A.


[ Scorecard : 307]
Posted On 05 April 2010 at 14:09

Dear Ravi, that individual will be treated as Senior Citizen as the Act says the person completing 65 years of age anytime during the previous year is Senior Citizen.





Ratan Deep Saxena
Asstt Manager (Accounts & Finance)


[ Scorecard : 2913]
Posted On 05 April 2010 at 14:11

Yes.  If date of birth is in between 1-4-1945 and 31-3-1946, then only he/she will become a Senior Citizen for this financial year 2010-11. That means every one who's date of birth is below 31-3-1946 are Senior citizens.

regards,

ratan




.g.k.
employed


[ Scorecard : 2372]
Posted On 05 April 2010 at 14:12

He will be senior citizen for the FY 2010-11

 

Under the Income Tax Act, a senior citizen is a person who at any time during the previous year has attained the age of 65 years or more.




CA Ravi sisodia
CA,CS,CWA,MBA


[ Scorecard : 31954]
Posted On 05 April 2010 at 23:00

He will be senior citizen for the FY 2010-11 or for AY 2011-12.



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