Utilisation of the amounts for the purposes of section 32AB

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..... (a) the whole or any part of the amount deposited by him in a deposit account under clause (a) of sub-section (1) of section 32AB of the Income-tax Act, or (b) any amount out of such income, without depositing the same under clause (a) of sub-section (1) of section 32AB of the Income-tax Act, in accordance with this Scheme, for any of the following pur poses, namely:— (i) purchase of new .....

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..... ing an application in Form 'D': Provided that no such application shall be granted unless the depositor has, for a minimum period of one year prior to the date of such withdrawal, in his account a minimum balance of an amount which is not less than the amount to be withdrawn. (b) On receipt of the request for withdrawal, the deposit office shall, as soon as may be, pay the amount to the depo .....

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