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of <h1>Deposits Under Section 32AB of Income-tax Act: Max Four Installments Annually, Each a Multiple of 1,000 Rupees.</h1> A deposit under section 32AB of the Income-tax Act can be made by any depositor following the Investment Deposit Account Scheme, 1986. Deposits can be made either in a single lump sum or in installments, with each installment being a multiple of one thousand rupees. Depositors are limited to a maximum of four installments per financial year.
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