Pls let me know the age limit for senior citigen as per income tax
Is it 60 or 65 years?
Anjaneyulu (Private Service) (58 Points)
03 March 2009Pls let me know the age limit for senior citigen as per income tax
Is it 60 or 65 years?
Sorabh Gupta
(Manager ( Taxation ))
(877 Points)
Replied 03 March 2009
Dear Friend
The age limit for income tax act is 65 years
Naina
(CA Student)
(477 Points)
Replied 03 March 2009
I don't know why Govt. has made this odd rule. If the retirement age is 60 years, then why a person of 65 yrs only can take expemtion under IT act?