Senior citizen tax
This query is : Resolved
prakash kumar singh
(Querist)
17 April 2014
A person 72-years old and have
income from pension, bank fixed
deposit and savings deposits. In
the current financial year his
total income will be nearly Rs.
2,68,000. Am I required to submit
form 15H in the bank and file the
income tax return?
Sandeep Dharar
(Expert)
17 April 2014
U must have to file ITR, Since Taxable income is above Taxable Slab(Rs. 250000/-)
Rupesh Jain
(Expert)
17 April 2014
YES SENOIR CITIZEN EXEMPTION LIMT IS 250000/- YOPU INCOME IS MORE THAN THIS AMOUNT .
SO YOU HAVE TO FILE RETURN
SO YOU HAVE TO FILE RETURN
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