https://www.taxtmi.com/circulars?id=10354 Where a person liable to compulsory deposit dies, the legal representative is liable for sums the deceased would have owed; accordingly legal heirs must make the compulsory deposit when the deceased's taxable income exceeds the threshold. Banks are instructed to accept deposits from those legal heirs and to repay them, and such repayment to the depositing heirs constitutes a valid discharge of the bank's obligation. en-us Sat, 16 Aug 1975 00:00:00 +0530 Fri, 17 Jun 2011 19:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=10354 Where a person liable to compulsory deposit dies, the legal representative is liable for sums the deceased would have owed; accordingly legal heirs must make the compulsory deposit when the deceased's taxable income exceeds the threshold. Banks are instructed to accept deposits from those legal heirs and to repay them, and such repayment to the depositing heirs constitutes a valid discharge of the bank's obligation. Circulars Income Tax Sat, 16 Aug 1975 00:00:00 +0530 https://www.taxtmi.com/circulars?id=10354