Closure of the account

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..... that all necessary site restoration has been completed to its satisfaction and such certificate shall specify the amount payable to the Central Government by way of profit or production share as provided in the agreement referred to in section 42 of the Income-tax Act, 1961. (2) Application for closure of the account shall be made by the depositor in Form F along with the certificate mentioned i .....

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..... in clause ( a ) of this sub-paragraph, income-tax, as quantified by the Assessing Officer, shall be deposited; ( c ) thirdly, the residue left after disbursements mentioned in clauses ( a ) and ( b ) of this sub-paragraph, shall be paid to the depositor by credit to designated account. (4) On receipt of the application mentioned in sub-paragraph (2) of this paragraph, the deposit office shall .....

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