Compulsory deposit Scheme (Income-tax Payers) Act, 1974 and the Scheme framed thereunder--Erroneous deposit made--Refund thereof--Procedure regarding.

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....eposit made--Refund thereof--Procedure regarding. 1. Under the Compulsory Deposit Scheme (Income-tax Payers) Act, 1974, persons mentioned in section 3(2) of the said Act are required to make compulsory deposit for the assessment year commencing on the 1st day of April, 1975, and 1st day of April, 1976, provided their current income exceeds Rs.15,000 at the rates specified in the Schedule append....

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.... amount stands indicating the details of the deposit, viz., amount and date of deposit, account number allotted by the deposit office and reasons for seeking the refund and evidence in support of the income. The application should be accompanied by the original receipt granted by the deposit office (in Form "B" appended to the Scheme) and the pass book. 4. The deposit officers are required to v....