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

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..... 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 assessable under the Income-tax .....

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