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of <h1>Non-Profit Organizations: Clause 91 of Direct Taxes Code Bill, 2009 Restricts Certain Investment Activities to Ensure Proper Income Computation.</h1> Clause 91 of the Direct Taxes Code Bill, 2009 outlines prohibited forms and modes of investment for non-profit organizations. These include investments in the capital or equity of an associated concern, investments in bonds, debentures, or other debt instruments issued by an associated concern, and deposits with an associated concern. Additionally, any other forms or modes of investment as prescribed are also prohibited. These provisions aim to regulate and ensure the proper computation of total income for non-profit organizations by restricting certain investment activities.
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