banner_ad

slab rate

ITR 202 views 3 replies
one assessee attained age of 60 in June 2016 n now I wish to file itr on 31 July for fy 15 16 which slab rate will b applicable for him
Replies (3)

SLAB RATES  are given in every financial buget by finance minister
  we are given categories for an individual.. and in this case the assesse comes under 1st category

to come under 2nd category, individual should attain 60years in the previous year.. As in this case the assesse attained 60 years after the previous year ie.. ( in assessement year where ITR is filed) so he doesn't satisfy the conditions of category 2.  therefore the assesse comes under category 1.   and the slab rates which are given in financial budget befor 1month of the previous (ie feb 29 2015) is appicable for the previous year 15-16.dsfs

No he is not senior citizen so regular slab rate will apply

No he is not senior citizen so regular slab rate will apply


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details