Apr 3, 2022

Senior Citizens and Super Senior Citizens for AY 2021-2022

Indian Military Veterans

Senior Citizens and Super Senior Citizens for AY 2021-2022

Returns and Forms Applicable for Senior Citizens and Super Senior Citizens for AY 2021-2022    

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    Disclaimer: The content on this page is only to give an overview and general guidance and is not exhaustive. For complete details and guidelines please refer Income Tax Act, Rules and Notifications

    An individual resident who is 60 years or above in age but less than 80 years at any time during the previous year is considered as Senior Citizen for Income Tax purposes. A Super Senior Citizen is an individual resident who is 80 years or above, at any time during the previous year.

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    Note: Section 194P of the Income Tax Act, 1961 provides conditions for exempting Senior Citizens from filing income tax returns aged 75 years and above. Conditions for exemption:

    • Senior Citizen should be of age 75 years or above
    • Senior Citizen should be ‘Resident’ in the previous year
    • Senior Citizen has pension income and interest income only & interest income accrued / earned from the same specified bank in which he is receiving his pension

    New Section 194P is applicable from 1st April 2021

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