Compulsory Deposit Scheme Act : Rounding off. Indian Bare Acts :

Compulsory Deposit Scheme Act,1963

Act No : 21

Section : Rounding off.

7.Rounding off. Where the amount of any deposit to be made under this Act contains a part of a rupee, then, if such part is fifty naye paise or more, it shall be increased to one complete rupee and if such part Is less than fifty naye paise, it shall be ignored.