Senior citizen

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

19 November 2013 If a Govt. Employee retires on 27/01/2014 than will he be treated as Senior Citizen for Calculation of Income Tax for the F.Y. 2013-14 ?

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
Follow

19 November 2013 for senior citizen u need to check whether in FY 2013-14 at any time in this period the ind have attended the age of 60 years or not.

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
Follow

19 November 2013 Retirement is not the criteria for any type of employee. If he has completed his 60 years of age , he will be treated as Senior Citizen under the income tax act.

Upgrade to CAclubindia Pro. Subscribe Now!