Hello members, I want to know how does one calculate age while filing returns, The age is calculated on the date of the filing of the return or you must have attained your age in the last FY for which you are filing returns now.
Udgam Koomar (Tax Technologist) (1949 Points)
15 July 2015Hello members, I want to know how does one calculate age while filing returns, The age is calculated on the date of the filing of the return or you must have attained your age in the last FY for which you are filing returns now.
Z
( )
(2965 Points)
Replied 15 July 2015
Age has to be seen during the financial year. Its possible that on 31.03 person is aged 59 but on 31.07 person has reached the age of 60. Therefore we see the age at the end of financial year
"In case of every individual (other than resident individual who is of the age of 60 years or more at any time during the financial year 2014.15) •