TDS very senior citizens

Shyam Vasudevan (31 Points)

24 June 2019  
Till now for TDS deduction for bank interest in normal cases it has to be done above 10,000 P.A.
As per the latest provision, the IT has to be deducted only if the amount of interest exceeds 50,000 in cases of very senior citizens or the deduction has to be claimed in return and benefit availed ?