Menu
Super senior citizen taxation in f.y.2021-22
I read that super senior citizens above age 75 ( who are getting income of pension and Interest on fixed deposits ) are not liable to file ITR....This article said that citizens above 75 age , whereas I read that super seniors are above age 80...Is this article wrong? or what is the correct answer.
Replies (4)
Quick Summary
Senior citizens above age of 75 year are exempted from return filing subject to satisfaction of condition.
there is no word like " Super senior citizens above age of 75".
there is no word like " Super senior citizens above age of 75".
Above 75 years of age persons are not liable for ITR return who have pension income and interest income irrespective of super senior and senior citizens
Only condition is that the assessee should be of more than 75 years of age.
Above 75 years of age persons are not liable for ITR return who have pension income and interest income from the same branch not bank., then only this exemption is available.
Recent Topics :
- On which amount 200% penalty under section 270A is
- RECEIVED INTIMATION U/S 399 FOR TDS PAYMENT ON PRO
- How do CA firms track SEBI/AMFI circulars and dead
- Jurisdictional validity of Sec 148 notice after fa
- Taxable Income or Not
- GST Input Tax Credit (ITC) on Camera Purchase &
- What makes CA Himanshu Singla different from other
- TAX TREATMENT AND ACCOUNTING ENTRIEOF PERQUISITES
- Gifting money to my father-in-law (my husband's da
- GSTR-1 JSON from marketplace exports (Myntra / Ama
Related Topics :
CAclubindia
