Super senior citizen

Tax queries 3286 views 8 replies

FY 2011-12 ke liye Super Senior Citizen taxpayer ki date of brith kya honi cahiaye. 

Replies (8)

He/She should have been born in F.Y.1931-32.

Or earlier.

Tarun ji,

 

A new bracket for the people above 80 yeras of age has been added from AY 2012-13.

 

To claim under this slab the assessee should have born on or before FY 1931-32.

 

 

What is the Basic exemption Tax slab limit in case of Super Senior Citizen?

NIdhi ji,

 

Slab rates for Super senior citizen:

upto Rs.5,00,000                         0%

5 lacs to 8 lac                               20%

8 lac & above                                30%

 

Thanks Balaji & Ketan Waghela

 

 

Thanx Ketan Waghelaji

Super senior citizen concept is applicable from a.y. 2012-13.

Under this concept age of the citizen should be more than 80 years.

upto 5 lakhs                 -    tax nil

5lacs to 8 lacs             -   20%

above 8 lacs                -  30%

slab of 10% is not applicable for super senior citizen


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