A person is turning to 65 years on 8th April 2010, will he be considered senior citizen for filling income tax return for the F.Y. 2010-2011 or will be treated as normal individual under the current income tax rules?
Menu
Defination of senior citizen
Replies (4)
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.
Yes. If date of birth is in between 1-4-1945 and 31-3-1946, then only he/she will become a Senior Citizen for this financial year 2010-11. That means every one who's date of birth is below 31-3-1946 are Senior citizens.
regards,
ratan
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.
He will be senior citizen for the FY 2010-11 or for AY 2011-12.
Recent Threads
- Negative Export Value in GSTR 3B
- Income tax intimation -AY 24-25
- Tax Implications of Alumni Union (R) under Society
- Heard & Seen Around – Your Daily Economi
- Purchase and sales of Shares entry in Tally
- Where to know latest GST HSN Codes and their Rates
- Hsn code and rate cnsl crude oil
- Clarification required on taxation of income from
- Pension Income up to Rs.1,66,250 per month equal t
- Reappointment of Managing Director in a private li
Related Threads
CAclubindia
