Declarations and Evidence for TDS/TCS Relief - Rule 208,211,212 (New) / Rule 26D, 29C & 37C (Old)

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....208(1) - Declaration in Form No. 125 The specified senior citizen may furnish a declaration to the specified bank in Form No. 125 for the purposes of claiming the benefit available under section 393(1), Table Sl. No. 8(iii). Rule 208(2) - Computation of total income by specified bank The specified bank is required to: • consider deductions allowable under Chapter VIII; ....

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.... Rule 211(2) - Mode of furnishing declaration The declaration may be furnished: • electronically after electronic verification; or • in paper form. Rule 211(3) - Unique Identification Number The person responsible for making the payment is required to allot a unique identification number to each Form No. 121 received during the quarter, in accordance with th....

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....ring; • processing; • producing articles or things; and • not for trading purposes. The declaration is required to be furnished in Form No. 127. Rule 212(2) - Declaration in duplicate The declaration is required to be furnished in duplicate to the person responsible for collecting tax. Rule 212(3) - Submission of declaration to Income-tax au....