plz tell me age of senior citizen for the purpose of claimng deduction u/s 80D 80DDB (AY 2012-13)
and its applicablity in ipcc may 12 exams??????????
8 Replies
AMAR SAMPAT
(ca final cum SERVICE)
(100 Points)
Replied 29 April 2012
a person who has completed 60 years of age and more
sumit
(CA final Student)
(151 Points)
Replied 29 April 2012
its 65 buddy...for claiming exemption for tax limits it has been reduced to 60 but for all other purposes it's 65...take care...
CA Prashant Gupta
(Practising Chartered Accountant)
(2516 Points)
Replied 29 April 2012
Its 65 years..
ACCA n CS Vishnu
(Founder of Virtuoso Capital and Finance Management Consulting)
(78 Points)
Replied 29 April 2012
damn its 65 years for claiming exemptions u/s 80D, DDB
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