https://www.taxtmi.com/news?id=72084 Form No. 125 is the declaration to be furnished by a specified senior citizen in relation to pension income and interest received or receivable through a specified bank. The declaration is confined to pension and interest income and does not extend to other income. Filing the form enables exemption from filing an income-tax return, while the specified bank computes total income and deducts tax accordingly. The form must be submitted once for each tax year, may be filed in paper or electronically, and may be revised or withdrawn if income details change. en-us Wed, 01 Apr 2026 18:32:00 +0530 Wed, 01 Apr 2026 18:31:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=72084 Form No. 125 is the declaration to be furnished by a specified senior citizen in relation to pension income and interest received or receivable through a specified bank. The declaration is confined to pension and interest income and does not extend to other income. Filing the form enables exemption from filing an income-tax return, while the specified bank computes total income and deducts tax accordingly. The form must be submitted once for each tax year, may be filed in paper or electronically, and may be revised or withdrawn if income details change. News - Wed, 01 Apr 2026 18:32:00 +0530 https://www.taxtmi.com/news?id=72084