Clause 91 - Prohibited forms and modes of investment - Direct Taxes Code Bill, 2009

Prohibited forms and modes of investment 91. (1) The forms and modes of investment referred to in sub-clause (xi) of clause (d) of section 96 shall be the following, namely:- (a) investment in the capital or equity, as the case may be, of an associated concern; (b) investment in any bond, debenture or any other debt instrument issued by an associated concern; (c) deposit with an associated concern;and (d) any other form or modes of investment as may be prescribed.