Poonawalla fincorp
Poonawalla fincorp

Slab rate for Senior Citizens...

This query is : Resolved 

29 September 2010 Dear Sir,

What will be the slab rate applicable to a Male individual if he has attained Age of 65yrs
a) on 1st April of P.Yr ?
b) Any time during P.Yr. ?
c) on 31st March of P.yr. ?

What will be the slab rate if it would be an individual Female... ?

29 September 2010 http://taxguru.in/budget-2010/new-income-tax-slabs-for-individual-senior-citizens-and-females-huf-firms-companies-and-others-as-amended-by-budget-2010.html

29 September 2010 The ITR covers the entire period of 01 April to 31 March.

So the age as on 31st March, will be the base.


29 September 2010 Still for some other opinion, i am keeping it open.....

29 September 2010 even if attained age of 65 years on 31.03 he will be counted as senior citizen. For all individuals rate is same.



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