https://www.taxtmi.com/acts?id=6650 Where a term deposit holder dies and no nomination is in force, the branch manager who issued the term deposit must pay the sum due to the deceased to his legal heirs under the Bank Term Deposit Scheme, 2006, as referenced in the scheme's Direct Taxes provision. en-us Sat, 19 Jan 2008 22:45:54 +0530 Sat, 07 Mar 2009 10:10:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=6650 Where a term deposit holder dies and no nomination is in force, the branch manager who issued the term deposit must pay the sum due to the deceased to his legal heirs under the Bank Term Deposit Scheme, 2006, as referenced in the scheme's Direct Taxes provision. Act-Rules Direct Taxes Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=6650