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    <title>Insertion of new section 194P.</title>
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    <description>Specified banks must, after giving effect to deductions under Chapter VI-A and the rebate under section 87A, compute a specified senior citizen&#039;s total income for the relevant assessment year and deduct income-tax on that total income at rates in force; the specified senior citizen is not required to file a return for that assessment year where tax has been so deducted.</description>
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      <description>Specified banks must, after giving effect to deductions under Chapter VI-A and the rebate under section 87A, compute a specified senior citizen&#039;s total income for the relevant assessment year and deduct income-tax on that total income at rates in force; the specified senior citizen is not required to file a return for that assessment year where tax has been so deducted.</description>
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