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Over 75? Stop Filing ITR & Paying CA Fees! ???? | Section 194P Explained (India)

Published 08, Apr 2026

Pocket TaxLawyer


Description:
If you’re a senior citizen above 75 in India, you might be able to skip filing your Income Tax Return (ITR) completely—and save on CA fees.

Thanks to Section 194P of the Income Tax Act, eligible seniors don’t need to file returns if:
✔ They are 75 years or older
✔ They are residents of India
✔ Their income is only from pension + interest from the same bank

All you need to do is submit Form 12BBA to your bank, and the bank will:
???? Calculate your tax
???? Deduct TDS
???? Handle everything for you

No ITR filing. No hassle. No extra costs.

???? Share this with your parents or grandparents—they could save time, stress, and money.

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