Association of persons or body of individuals or artificial juridical person formed for a particular event or purpose - Income Tax Bill, 2025 - Old Version
Association of persons or body of individuals or artificial juridical person formed for a particular event or purpose - Income Tax Bill, 2025 - Old Version
Permitted modes of investment defined, with Central Government empowered to notify additional modes for deposits under the Part. The clause provides that modes for investing or depositing money under this Part are those set out in Schedule XVI, and that the Central Government may, ... Summary
Permitted modes of investment defined, with Central Government empowered to notify additional modes for deposits under the Part.
The clause provides that modes for investing or depositing money under this Part are those set out in Schedule XVI, and that the Central Government may, by notification, specify any other modes not in that Schedule, creating a schedule-based default framework with delegated power to add alternative modes.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.