Refund - Compulsory Deposit Scheme (Income-tax Payers) Act, 1974,

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.... 1975 and 1st day of April, 1976, provided their current income exceeds Rs. 15,000, at the rates specified in the Schedule appended to the Act. 2. Instances have come to the notice of the Board where deposits have been made by persons erroneously either because the person depositing the money is not liable to do so in terms of section 3(2) of the Act, or the person is one whose current income doe....

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....the deposit office (in Form 'B' appended to the Scheme) and the Passbook. 4. The deposit officers are required to verify the particulars of the deposit/deposits from its record and also such other evidence which may be submitted along with the application in support of the claim, and thereafter, due verification, the refund may be allowed by them together with interest thereon at the prevailing P....