https://www.taxtmi.com/circulars?id=10346 Where an assessee could not make the mandatory deposit by the prescribed date because banks refused to accept deposits from non-account holders, the Board directed that penal provisions under the Compulsory Deposit Scheme should not be invoked if there is evidence satisfactory to the Income-tax Officer that bank non-acceptance caused the delay, and instructed officers to apply this guidance uniformly. en-us Sat, 26 Jul 1975 00:00:00 +0530 Mon, 13 Jun 2011 16:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=10346 Where an assessee could not make the mandatory deposit by the prescribed date because banks refused to accept deposits from non-account holders, the Board directed that penal provisions under the Compulsory Deposit Scheme should not be invoked if there is evidence satisfactory to the Income-tax Officer that bank non-acceptance caused the delay, and instructed officers to apply this guidance uniformly. Circulars Income Tax Sat, 26 Jul 1975 00:00:00 +0530 https://www.taxtmi.com/circulars?id=10346