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    <title>The Compulsory Deposit Scheme (Income-tax Payers) Act, 1974-Repayments regarding</title>
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    <description>The circular instructs that, under the second proviso to the repayment provision of the Compulsory Deposit Scheme Act, full repayment of the deposit with interest may be allowed where extreme hardship is shown; specifically, depositors who have attained senior age by the last day of the immediately preceding financial year and nominees of deceased depositors are to be treated as cases of extreme hardship qualifying for early repayment.</description>
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      <description>The circular instructs that, under the second proviso to the repayment provision of the Compulsory Deposit Scheme Act, full repayment of the deposit with interest may be allowed where extreme hardship is shown; specifically, depositors who have attained senior age by the last day of the immediately preceding financial year and nominees of deceased depositors are to be treated as cases of extreme hardship qualifying for early repayment.</description>
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