§ 350
Chapter XVII — Special Provisions Relating To Certain Persons
Permitted modes of investment
Income-tax Act, 2025
✍️ A plain-language summary of this section is being prepared. Below is the official text.
📜 Official text
350. (1) The modes of investing or depositing the money under this Part, shall be
such as specified in Schedule XVI.
65. Inserted by the Finance Act, 2026, w.e.f. 1-4-2026.
(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.
5. —Violations
Specified violation.
Plain-language summary — not the official text. Refer to the bare Act and confirm with a professional for your specific case.