Income Tax Act 2025: Section 350 for Tax Year 2025-26

Permitted investment modes under Section 350(1) follow Schedule XVI. Under 350(2), other modes may be notified by the Central Government.

Share:

Telegram Group Join Now
WhatsApp Group Join Now

Permitted modes of investment

[As per the Income Tax Act, 2025 (this Act) w.e.f. 1st April, 2026.]

Section 350(1) of Income Tax Act 2025

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

Section 350(2) of Income Tax Act 2025

(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.


Publish Your Article

Join AUBSP esteemed panel of Authors

(Become a Contributor to AUBSP as an Author)

Submit Content