income tax for senior citizen.
uday (service) (27 Points)
05 August 2018if no then pls give it sec for examption for the same!
is it filling for age mpre than 80 is essential?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178226 Points)
Replied 05 August 2018
For Very Senior Citizens....... i.e. aged 80 and more...... there is no tax liability for aggregate income of Rs. 5 lakhs.......
a very senior citizen filing his return of income in Form ITR 1/4 and having total income of more than Rs. 5,00,000 or having a refund claim can file his return of income in paper mode, i.e., for him e filing of ITR 1/4 (as the case may be) is not mandatory.
VENU R Prabhu
(311 Points)
Replied 05 August 2018
VENU R Prabhu
(311 Points)
Replied 05 August 2018
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178226 Points)
Replied 06 August 2018
Originally posted by : uday | ||
is filling essential for those people? |
Yes, mandatory..... if aggregate income exceed Rs.5 lakhs in a financial year.