what if assessee attained the age of 60 or 80 age in first day of assessment Year and if assessee opted out of default tax regime
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Quick Summary
This discussion explores the impact of an assessee reaching the age of 60 or 80 on the first day of an assessment year, particularly when opting out of the default tax regime. Participants debate whether the old tax regime might be more beneficial in certain scenarios and request specific examples to illustrate these cases.