ITR filing for senior citizens and pensioners
You are 60 or above, living on a pension, interest income or rent.
Form: ITR-1, or ITR-2 where capital gains are involved
What is included
- The higher basic exemption limit applied correctly for your age band
- Bank and post office interest reconciled against Form 26AS
- A check on whether the old regime beats the new one for you — it often does at your age
- Form 15H position reviewed so TDS is not deducted unnecessarily next year
- Draft computation sent to you in plain language for approval
- Filed acknowledgement (ITR-V) delivered to you
What we need from you
Send what you have. If something on this list is missing we will tell you which item it is, rather than leaving you to work it out.
- Pension statements or Form 16 from the pension disbursing bank
- Interest certificates from every bank and post office account
- PAN and Aadhaar
- Bank account number and IFSC for the refund
- Rent received, if you let out property
- Medical insurance premium receipts, and medical expenditure if you are 60 or above
The new regime quietly takes away the age concession, and nobody points it out
In the old regime a senior citizen has a basic exemption of ₹3,00,000, and a super senior citizen ₹5,00,000, instead of ₹2,50,000. The new regime gives no age-based concession at all — everyone gets the same ₹4,00,000 threshold. That does not automatically make the new regime worse, because its slabs are wider, but it does mean the comparison has to be done properly rather than assumed. For a pensioner with significant deductions and modest income, the old regime frequently still wins. We calculate both every year, because the answer can change from one year to the next.
How it works
- 1 Send your documents
WhatsApp them, email them, or walk into the office. We will tell you exactly what is missing rather than leaving you to guess.
- 2 We review and compute
We reconcile everything against AIS and Form 26AS, and calculate both tax regimes so you file under the lower one.
- 3 You approve the computation
You get the draft in plain language, with the figures explained. Nothing is filed until you say yes.
- 4 We file and send the acknowledgement
Filed within 24 to 48 hours of your approval, with the ITR-V acknowledgement delivered to you.
Questions we get asked
I am over 75. I heard I do not have to file at all.
There is a narrow exemption for residents aged 75 and above whose only income is pension and interest, and only where both come from the same specified bank which deducts the tax. The conditions are strict. Most people who think they qualify do not — worth checking rather than assuming.
Should I file Form 15H?
Only if your total income is below the taxable limit. Filing it when your income is in fact taxable creates a problem rather than solving one. We will tell you which applies.
Do I get a higher deduction for medical insurance?
Yes, senior citizens have a higher limit, and medical expenditure can be claimed where no insurance policy is held. This is old regime only.
Ready when you are
Send your documents on WhatsApp and we will tell you what is missing and what it will cost, before any work starts.