Whoever, being a clerk or servant, or being employed in the capacity of a clerk or servant, commits theft in respect of any property in the possession of his master or employer, shall be punished with imprisonment of either description for a term which may extend to seven years, and shall also be liable to fine.
CHAPTER XVII OF OFFENCES AGAINST PROPERTY · Of theft
Section 306: Theft by clerk or servant of property in possession of master
The Bharatiya Nyaya Sanhita, 2023
Corresponding IPC provision
As given in the correspondence table of the National Crime Records Bureau (Ministry of Home Affairs). Read both texts before relying on it. NCRB table