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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 pre .....

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e Acts for resident senior citizen taxpayers who have attained the age of sixty years. Even in such cases, the exemption limit is still higher for very senior citizens who have attained the age of eighty years. A doubt has been raised about the attai .....

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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 un .....

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or calculating the age of the person. In this judgment, Apex Court observed that while counting the age of the person, whole of the day should be reckoned and it starts from 12 0'clock in the midnight and he attains the specified age on the prece .....

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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 birthd .....

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ay commences at 12 0'clock midnight and continues until the same hour the following night. There is a popular misconception that a person does (sic not) attain a particular age unless and until he has completed a given number of years. In the abs .....

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