defination of senior citizen
This query is : Resolved
SHAIKH AIJAZ ABU MIYAN
(Querist)
06 October 2008
The word 'Senior Citizen' has been defined as a person who is of 65 years or more at any time during the previous year.
Whether a person having completed 64 years and running 65th year can be called as 'senior citizen 'for the purpose of basic exemtion limit of Rs.2,25,000/-?
Whether a person having completed 64 years and running 65th year can be called as 'senior citizen 'for the purpose of basic exemtion limit of Rs.2,25,000/-?
CA Pawan Goswami
(Expert)
06 October 2008
No, An individual who completes his 65 years during the previous year is called a Senior Citizen .
CMA Jitendra Singh
(Expert)
06 October 2008
Yes ,Pawan is right
06 October 2008
A person who has attained the age of 65 years is called as a senior citizen
CA V. Mohanakrishnan
(Expert)
06 October 2008
unless software is for less than 5000 where depreciation is 100%
Arpit Shah
(Expert)
10 August 2015
Agreed With CA pawan
Arpit Shah
(Expert)
24 January 2016
https://taxguru.in/income-tax/what-are-the-tax-benefits-available-to-senior-citizens.html
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Accounting treatment of AMC alongwith the purchase of Laptop
- Nursery business
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- TDS on Dashcam rent and allied services
- Tax on Amount transferred in HUF Account
- ETDS return q4 25-26
- Working on Gold wastage during Melting of old gold jewellery
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
