Interest on deposits under section 33(1)(g) may be allowed up to the date of refund, per administrative circular.

The Board directed that interest at the rate of 2% per annum may be allowed on deposits made under clause (g) of sub-section (1) of section 33 of the Estate Duty Act up to the date of refund; this instruction implements the earlier refund directive to depositors surviving on March 16, 1985 and is communicated to Commissioners of Income-tax and the Controller of Estate Duty.

---

---

---