Age determination in income tax
This query is : Resolved
20 March 2013
Pl let me know that how to determine the age for senior and very senior citizen under Income tax law. Is it 59 or 79 completed year or even if 60th and 80th year is running can we consider the senior and very senior citizen
Regards
B V Gopinath
Regards
B V Gopinath
21 March 2013
Have to complete 60th and 80th year as on the 31st March of the such financial year ending to decide Senior citizen and very senior citizen respectivelly.
For example those who have completed 60 years as on 31-3-2012 shall be considered as Senior citizen from the A.Y 2012-13 as well as who completed 80 years as on 31-3-2012 shall be considered as very senior citizen from A.Y 2012-13.
So to decide senior and very senior citizen completion of the requirment age as on the last day of such finanacial year is important and running of years not considered.
OM SAI SRI SAI JAI JAI SAI
For example those who have completed 60 years as on 31-3-2012 shall be considered as Senior citizen from the A.Y 2012-13 as well as who completed 80 years as on 31-3-2012 shall be considered as very senior citizen from A.Y 2012-13.
So to decide senior and very senior citizen completion of the requirment age as on the last day of such finanacial year is important and running of years not considered.
OM SAI SRI SAI JAI JAI SAI
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