100 years age

Save Share

This query is : Resolved

Quick Summary

An individual turned 100 in October 2021 and is wondering about their tax and ITR filing obligations for FY 21-22, given their pension income. While generally not required to file if bank details are up-to-date, it's advised to file ITR 1 before the belated return deadline of December 31st, especially if the bank may not accept the requisition form now.

Gayathri

Gayathri (Querist)
Follow

31 December 2022 An individual completed the age of 100 years on October 2021. Is he eligible for tax and itr filling? Having pension income. Before Oct 2021(4.2lac)
After Oct 2021(2.6lac).
Total income 6.8 l for fy21-22

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
Follow

31 December 2022 No need to file ITR, if the details submitted with the bank from where he receives pension.

Gayathri

Gayathri (Querist)
Follow

31 December 2022 This filing relates to FY 21-22. As today is the last date 31.dec for belated return. Thanks for the answer we will not file the itr then.

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
Follow

31 December 2022 As bank may not accept the requisition form for FY 2021-22 now, it is advised to file ITR 1 before due date.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now