defination of senior citizen
This query is : Resolved
SHAIKH AIJAZ ABU MIYAN
(Querist)
06 October 2008
The word 'Senior Citizen' has been defined as a person who is of 65 years or more at any time during the previous year.
Whether a person having completed 64 years and running 65th year can be called as 'senior citizen 'for the purpose of basic exemtion limit of Rs.2,25,000/-?
Whether a person having completed 64 years and running 65th year can be called as 'senior citizen 'for the purpose of basic exemtion limit of Rs.2,25,000/-?
CA Pawan Goswami
(Expert)
06 October 2008
No, An individual who completes his 65 years during the previous year is called a Senior Citizen .
CMA Jitendra Singh
(Expert)
06 October 2008
Yes ,Pawan is right
06 October 2008
A person who has attained the age of 65 years is called as a senior citizen
CA V. Mohanakrishnan
(Expert)
06 October 2008
unless software is for less than 5000 where depreciation is 100%
Arpit Shah
(Expert)
10 August 2015
Agreed With CA pawan
Arpit Shah
(Expert)
24 January 2016
https://taxguru.in/income-tax/what-are-the-tax-benefits-available-to-senior-citizens.html
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