Threshhold limit of senior citizen above 80

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Nikunj

54 Points Joined March 2010

The Assessee is expired. Now Return is filling as Executator of estate of Late MR.ABC whether Executator of estate of Late MR.ABC can get the benefit of Threshhold limit of Rs.5,00,00 for A.Y.2012-13 as The assesseee expired after the age of 80 years.

Thanks in advance

Replies (1)

Yajendra Adhikari

Chartered Accountant

334 Points Joined April 2009

Yes, It will be the Age of Assessee. Since, he has expired after the age of 80, he should get the benefit. But, it may be challenged by Income Tax Department also. I have not found any resembling case laws.