https://www.taxtmi.com/news?id=72086 Form No. 125 is the declaration furnished by a specified senior citizen to the specified bank for pension and interest income. It applies to a resident aged seventy-five years or more who has pension income and only interest from the same specified bank, and who gives the prescribed declaration. The form is used by the deductor for reporting and is stated to exempt the taxpayer from return-filing compliance for the relevant tax year. It is filed once each financial year and requires key personal, bank, pension, and tax-regime details. en-us Wed, 01 Apr 2026 18:46:54 +0530 Wed, 01 Apr 2026 18:46:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=72086 Form No. 125 is the declaration furnished by a specified senior citizen to the specified bank for pension and interest income. It applies to a resident aged seventy-five years or more who has pension income and only interest from the same specified bank, and who gives the prescribed declaration. The form is used by the deductor for reporting and is stated to exempt the taxpayer from return-filing compliance for the relevant tax year. It is filed once each financial year and requires key personal, bank, pension, and tax-regime details. News - Wed, 01 Apr 2026 18:46:54 +0530 https://www.taxtmi.com/news?id=72086