Acceptance of Deposit of tax - legal heirs of the deceased person

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..... tion and guidance. Copy of the letter of Reserve Bank of India to the State Bank of India, Subsidiary Banks and all Nationalised Banks as per list attached. Dear Sir, Compulsory Deposit Scheme (Income-tax Payers) Act 1974. Please refer to our letter G.A.No. 1999/98-74-75 dated the 14th April, 1975 on the above subject. 2. Under section 3(2)(b) of the captioned Act every person who is a .....

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