Senior Citizen

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CA BHASKAR CH (Querist)
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24 February 2010 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/-? because the act says " who are of the age of 65 yrs or more at any time during the p.y ? Pls can any one explain interpretation. case D.O.B 25/03/1945 computation for the year ending 31/03/2009 what is his status?

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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24 February 2010 The assessee completes 65 years on 24/03/2010. So he is a senior citizen in the financial year 2009-10 pertaining to the assessment year 2010-11. Consequently for the year ended on 31/03/2009, the assessee can not avail the benefit of a senior citizen.

CA BHASKAR CH

CA BHASKAR CH (Querist)
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25 February 2010 then what is the relevance of "who are of the age of 65 yrs", i think it means who attains the age of 65 i.e. who is completed 64 yrs.

CA Ravi Sisodia

CA Ravi Sisodia (Expert)
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25 February 2010 "who are of the age of 65 yrs" , means who compleated 65 years in any day of financial year.

CA BHASKAR CH

CA BHASKAR CH (Querist)
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25 February 2010 the act uses 65 yrs or more, not simply who is completed 65 yrs, pls give me reference to any case law on this issue. in my opinion much significance is on the word "or".