Clarification - treatment of age for senior citizen

[ASHISH DESAI]

When to treat the person as Senior Citizen? On Completion of the age of 65 years or on attaining the age of 65 years i.e. on completion of 64 years during the previous year so as to pay tax on taxable income exceeding Rs.225,000/-. kindly clarify the issue.

AI Summary

Debate on Senior Citizen Tax Status: Eligibility Upon Completing or Attaining Age 65 During Previous Year? A discussion on the treatment of age for determining senior citizen status for income tax purposes addresses whether a person qualifies upon completing 65 years or upon attaining 65 years during the previous year. One participant clarifies that according to the Finance Act, a person is considered a senior citizen if they are 65 years or older at any time during the previous year. Another contributor agrees, emphasizing that the individual must have completed 65 years by the end of the previous year. A third opinion suggests that merely stepping into the 65th year during the previous year suffices for eligibility.