2025Section 350

350. Permitted modes of investment.

In the 1961 Act1 match · Unreviewed

1961 Section 11Split · Unreviewed · Compare

From the Income Tax Department's correspondence.

(1) The modes of investing or depositing the money under this Part, shall be such as specified in Schedule XVI .

(2) The modes of investing or depositing money under this Part, other than the modes specified in Schedule XVI, shall be specified by the Central Government, by notification.

Income-tax Act, 2025: text as on 25 August 2026 · Official source ↗ ·