13 November 2013
If he completed 60 years of age by 31-3-2013 then for A.Y 2013-14 onwords senior citizen tax rate slab applicable. In case he completed 60 years during F.Y 2013-14 then applicable senior citizen slab from A.y. 2014-15 onwords.
To decide the tax rate slab age completed as on the last day of the financial year ending means 31St March shall be calculated and then decide the tax slab applicable.
CAclubindia
