Senior Citizen Age for 80D ,80DDB & 197A Reduced !

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Only few days ago , the anomaly in age factors of senior citizens was highlighted on this blog. Finance Bill 2012-13 has  now proposed to rectify the anomaly .The fact is that The Finance Act, 2011 amended the effective age of a senior citizen being an Indian resident from sixty-five years of age to sixty…

About Prashant Thakur
The author has spent twenty years with Income Tax department and desire to service common citizen of India which include professionals like tax practioners ,CA,ICMA, CS and tax lawyers by advising them on the direct tax matters for a very affordable fee.

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