In Budget 2011 the qualifying age limit of senior citizen was reduced to 60 years from 65 years. So Senior Citizen age limit is 60 years from AY 2012-13 onward.
18 April 2012
For the assessment year 2012-13, the age limit is 65 years, it has changed to 60 years in line with senior citizen for exmption limit w.e.f 01/04/2013 i.e A.Y 2013-14 and the same is not in retrospective in nature.(See clause 25(d) of finance bill, 2012.)
18 April 2012
In Finance bill 2011, i.e. for AY 2012-13, the age of Senior citizen was amended from 65 years to 60 years only for various tax slabs and tax rates. However, in Finance Bill 2012, this reducion in age was made applicable to Sec 80D. Hence, for Sec 80D, it is 65 years for AY 2012-13 and 60 years for AY 2013-14.
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