Business League | 09/09/2022 09:24 AM | Click to read full article
Did you know that not all senior citizens (those above the age of 75 years) have to file their income tax return (ITR) this year? Budget 2021 had announced an exemption for senior citizens aged 75 years and above if they meet certain eligibility criteria.
According to section 194P, senior citizens are not required to file ITR if they fulfil the following criteria. Read on to find out.