Exemption limit

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 July 2013 A person has attained the age of 60 in the month of august 2012.Whether the exemption limit for him would be Rs.250000 or Rs.200000 for the financial year 2012-13.

25 July 2013 He became senior citizen during the previous year. Senior Citizen slab will apply.

He will get exemption of RS 250000/-.


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