https://www.taxtmi.com/circulars?id=4800 Deposits in the National Deposits Scheme qualify for the wealth-tax exemption only if held continuously, and as a special concession the usual six-month holding requirement is treated as satisfied where the depositor has continuously held the deposit from the date of subscription until the relevant valuation date, even if that continuous holding is less than six months. en-us Mon, 30 Jan 1984 00:00:00 +0530 Sat, 02 Aug 2008 17:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=4800 Deposits in the National Deposits Scheme qualify for the wealth-tax exemption only if held continuously, and as a special concession the usual six-month holding requirement is treated as satisfied where the depositor has continuously held the deposit from the date of subscription until the relevant valuation date, even if that continuous holding is less than six months. Circulars Income Tax Mon, 30 Jan 1984 00:00:00 +0530 https://www.taxtmi.com/circulars?id=4800