The Annuity Deposit Scheme 1966 provide for refund of whole of the deposit in relation to any particular assessment year.

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..... ght to the notice of the Board that partial refunds of annuity deposits are still being authorised by some ITOs, especially in cases where the deposits were made by persons in difference instalments or at different places. As explained in the Circular referred to above, the Annuity Deposit Scheme, 1964 and the Annuity Deposit Scheme 1966 provide for refund of whole of the deposit in relation to an .....

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