banner_ad

Exemption from filing ITR?

370 views 7 replies
What's the exemption limit for senior citizen for not filing ITR under new income tax regime? TIA
Replies (7)
Not filing then exemption limit also not required....!!!

What is Your actual query...??

Can You elaborate with more details...??
Unless it's a gross requirement as per . 5lakhs exemption rest
Basic exemption limit is 3 lakhs in new regime. If the net taxable taxable income is below this limit it's mandatory to file returns.

FYI. In new regime there is no separate slab for senior citizens. All are equal.
De7
pending on gross total income and above exemption limit
Budget 2021 introduced a Section 194P, under which senior citizens aged 75 and above are exempted from filing the ITR if they fulfil the following criteria:

They have income only from their pension. 

They receive income from interest and pension in the same bank account.

They have furnished a declaration form 12BBA to the specified bank. 
It's an exemption for senior citizen
@ sabyasachi Mukherjee

The complete thread relates to senior citizen, query itself for senior citizen.

So , reply must be for senior citizen.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
07 May 2026
CA Assistant

amit desai and co

Mumbai

CA Final

View Details
Company
05 May 2026
Accountant

Sanjay K Pathak & Associates

Noida

Graduate (Any)

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
11 May 2026
Post office

Post office

Anakapalle

Others

View Details