Defination of senior citizen
Ravi Mathur (Service) (130 Points)
05 April 2010Ravi Mathur (Service) (130 Points)
05 April 2010
CA. Ashish Bihani
(C.A.)
(307 Points)
Replied 05 April 2010
Dear Ravi, that individual will be treated as Senior Citizen as the Act says the person completing 65 years of age anytime during the previous year is Senior Citizen.
Ratan Deep Saxena
(Asstt Manager (Accounts & Finance))
(2998 Points)
Replied 05 April 2010
Max Payne
(employed)
(2569 Points)
Replied 05 April 2010
He will be senior citizen for the FY 2010-11
Under the Income Tax Act, a senior citizen is a person who at any time during the previous year has attained the age of 65 years or more.
CA Ravi Sisodia
(CA,CS,CMA)
(32226 Points)
Replied 05 April 2010
He will be senior citizen for the FY 2010-11 or for AY 2011-12.
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)