Law and Procedure an e-book | ||||||
Home List Manuals Income TaxIncome Tax - Frequently Asked Questions (FAQs)FAQs for Senior Citizens This |
||||||
Income Tax - Frequently Asked Questions (FAQs) |
||||||
FAQs for Senior Citizens |
||||||
|
||||||
At what age a person will qualify as a senior citizen and very senior citizen under the Income-tax Law? |
||||||
Ans. Before understanding the age criteria, it is very important to know that the tax benefits offered under the Income-tax Law to a senior citizen/very senior citizen are available only to resident senior citizen and resident very senior citizens. In other words, these benefits are not available to a non-resident even though he may be of higher age. The age and other criteria to qualify as a senior citizen and very senior citizen under the Income-tax Law are as follows :
|
||||||