https://www.taxtmi.com/manuals?id=1920 Section 194P mandates that a specified bank, upon receipt of a Form No. 12BBA declaration from a specified senior citizen (age seventy five or more, pension plus interest income only), compute the senior citizen's total income for the assessment year after allowing Chapter VI A deductions and the section 87A rebate, and deduct income tax on that total at rates in force; the bank must maintain the declaration and evidence and furnish them to tax authorities when required. en-us Wed, 18 Jan 2023 16:38:00 +0530 Fri, 19 Apr 2024 16:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1920 Section 194P mandates that a specified bank, upon receipt of a Form No. 12BBA declaration from a specified senior citizen (age seventy five or more, pension plus interest income only), compute the senior citizen's total income for the assessment year after allowing Chapter VI A deductions and the section 87A rebate, and deduct income tax on that total at rates in force; the bank must maintain the declaration and evidence and furnish them to tax authorities when required. Manuals Income Tax Wed, 18 Jan 2023 16:38:00 +0530 https://www.taxtmi.com/manuals?id=1920