10-mark question · Part C · Law of Taxation

The assessee is a retired employee and he is having income from salary (pension), income from house property, income from other sources. In the month of April 2013 he became a senior citizen. Since he has attained 60 years of age and his income is much below the exempted income of Rs. 2,50,000/-, he has filed a nil return. The assessing officer advises the assessee.

Appeared in

• Law of Taxation · August/September 2013 Mapped paper Download

Mapped topics

• Salary and income from house property — Unit II
• Residential status and scope of total income — Unit I
• Profits of business, capital gains and other sources — Unit II

Mapped case laws