Senior Citizen

sir,
MY DOB 22/01/1959,
I AM ELIGIBLE FOR TAX BENEFIT. BASED ON SEINIOR CITIZENS. Rs3 LAK?
BY
NATARAJ P

Replies (8)
yes you have attained age of 60 in the PY you are eligible
IT DEPARTMENT NOT ADMITTED TAX CHARGED EXCEED AMOUNT 2.5 LAK
CA SAID IAM ELEGIBLE NEXT F Y ONLY?
Going by the definition, a senior citizen is an individual resident of India (man or woman) who is at least 60 years of age or more but less than 80 years of age. For the purpose of Income Tax calculation, this age is calculated as on 1st of April of that financial year.

Thus you shall be eligible for senior citizen exemption next year. This year your age shall be counted as 59 (2018-1959) for the financial year 2018-19
sorry sir I think sir is eligible as senior citizen as he has completed age of 60 during PY 2018-19
however he is not eligible for AY 2018-19
for financial year 2018-19, age shall be calculated as on 1st april 2018, thus in that case 2018-1959= 59
As per CBDT clarification, an individual born on 1st April would complete each year of his age on 31st March, i.e. for FY 2017-18 (AY 2018-19), the date of birth (DOB) of individual should be on or before 1 April, 1958/ 1938 to complete 60/ 80 years of age as on 31 March 2018, for getting income tax benefits/ status as a senior/ very senior citizen, respectively.

We have a doubt here.. I think he should be eligible
you will be eligible as the age could be attained at any time during the financial year. thus, you shall attain 60 on 22.01.2019 which falls in f.y. 2018-19
A person will be considered as senior citizen, if he attains the age of 60 at any during the relevant f. Y. Hence he'll be senior citizen for a. Y 2019-20

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 15 September 2026
Freelance Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 07 October 2026
Article Assistant

Malhotra Rajesh & Associates

New Delhi

B.Com

View Details
Company
15 September 2026
Client-site CA associate

Aditya Muley and Co

Mumbai

CA

View Details
Company
ARTICLESHIP 30 September 2026
CA Article Assistant

CA Suraj Garg & Associates

New Delhi

CA Final

View Details
Company
06 October 2026
Assistant Manager - Audit and Compliance

Ravi K Jain & Co

Noida

Others

View Details
Company
ARTICLESHIP 18 September 2026
Industrial Trainee

Twenty Point Nine Five Ventures Private Limited

Noida

CA Inter

View Details
Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details