Section 350 — Permitted modes of investment

Old Act equivalent: Section 56 of IT Act 1961 Sub-part: Income from Other Sources — Computation

Statutory Text

  1. (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.
  2. —Violations Specified violation.

Provisos

None.

Explanations

None.

Tables

None.

Cross-References

To be updated.

Notes

  • Verification status: pending
  • Auto-generated from IT Act 2025 PDF on 2026-04-13