Investment deposit scheme allows lump sum or instalment deposits with prescribed multiples and limited instalment frequency. Deposits under the Scheme may be made as a lump sum or by instalments; instalments must be in multiples of one thousand rupees and no more than four instalments are permitted in each financial year to qualify as an investment deposit under the Scheme.
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Provisions expressly mentioned in the judgment/order text.
Investment deposit scheme allows lump sum or instalment deposits with prescribed multiples and limited instalment frequency.
Deposits under the Scheme may be made as a lump sum or by instalments; instalments must be in multiples of one thousand rupees and no more than four instalments are permitted in each financial year to qualify as an investment deposit under the Scheme.
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