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Clarification regarding attaining prescribed Age of 60 years/ 80 years on 31 st March itself in case of Senior/ Very Senior Citizens whose date of birth falls on 1 st April for purposes of Income-tax Act 1961

Income Tax - 28/2016 - Dated:- 27-7-2016 - Circular 28/2016 Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block, New Delhi dated the 27th of July, 2016 Subject: Clarification regarding attaining prescribed Age of 60 years/ 80 years on 31st March itself, in case of Senior/ Very Senior Citizens whose date of birth falls on 1st April, for purposes of Income-tax Act, 1961-regd.- Higher tax exemption limits have been prescribed under the past Financ .....

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particular year can be said to have completed a particular age on 31st March, on the preceding day of his/her birthday, or on 1st April itself of that year. 2. The matter has been examined. Although specific provision does not exist in this regard under the Income-tax Act, 1961, the Hon ble Supreme Court had an occasion to consider a similar issue in the case of Prabhu Dayal Sesma vs. State of Rajasthan & another 1986, AIR, 1948 wherein it has dealt with on the general rules to be followed f .....

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on January 2, 1984 and not on January 1, 1984. But this is not quite accurate. In calculating a person's age, the day of his birth must be counted as a whole day and he attains the specified age on the day preceding, the anniversary of his birthday. We have to apply well accepted rules for computation of time. One such rule is that fractions of a day will be omitted in computing a period of time is years or months in the sense that a fraction of a day will be treated as a full day. A legal d .....

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