https://www.taxtmi.com/acts?id=40236 Specified senior citizens must furnish declaration in Form No. 12BBA in paper form to the specified bank. The bank must compute total income after allowing Chapter VI-A deduction and rebate under section 87A, then deduct income-tax at the rates in force. The Chapter VI-A deduction is based on evidence furnished during the previous year, and the declaration and evidence must be maintained and made available to the tax authorities when required. en-us Fri, 03 Sep 2021 18:13:37 +0530 Tue, 19 May 2026 18:24:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=40236 Specified senior citizens must furnish declaration in Form No. 12BBA in paper form to the specified bank. The bank must compute total income after allowing Chapter VI-A deduction and rebate under section 87A, then deduct income-tax at the rates in force. The Chapter VI-A deduction is based on evidence furnished during the previous year, and the declaration and evidence must be maintained and made available to the tax authorities when required. Act-Rules Income Tax Fri, 03 Sep 2021 18:13:37 +0530 https://www.taxtmi.com/acts?id=40236