(1) The following persons may, for claiming benefits under this Part as a registered non-profit organisation, make an application for registration in such form and manner, as prescribed, to the Principal Commissioner or Commissioner:––(a) a public trust;(b) a society registered under the Societies Registration Act, 1860, or under any law in force in India;(c) a […]

(1) Nothing contained in section 11, other than Schedule II (Table: Sl. No. 1), Schedule III (Table: Sl. Nos. 27 to 29 and 36) and Schedule VII(Table: Sl. Nos. 10 to 19 and 42 to 45), shall exclude any income of a registered non-profit organisation from its total income for any tax year.(2) The registration

(1) The Income-tax payable by a registered non-profit organisation on its total income for any tax year shall be the aggregate of the amounts calculated––(a) at the rate of 30% on specified income for such tax year; and(b) at the rate applicable on taxable regular income and any residual income for such tax year under

The taxable regular income of a registered non-profit organisation for any tax year shall be––(a) nil, where 85% or more of the regular income for such tax year has been applied or accumulated under section 342 for charitable or religious purposes, in such tax year as per the provisions of this Part; and(b) in any

The specified income of a registered non-profit organisation shall mean the income as specified in column B of the Table below and shall be taxable in the year provided in the column C thereof:–– Sl. No. Condition Tax Year 1 Any anonymous donation received by a registered non-profit organisation (excluding donations up to ₹1,00,000 or

While computing the regular income of a registered non-profit organisation, the following income shall not be included:––(a) income applied outside India, where the Board, by general or special order, directs that such income shall not be so included in its total income in case of a registered non-profit organisation––(i) created before the 1st April, 1952

Corpus donation means any donation made with a specific direction by the donor that it shall form part of the corpus of the registered non-profit organisation where such donation is invested or deposited in any of the modes permitted under section 350 maintained specifically for such corpus.

(1) The following sums shall be allowed as application of income to a registered non-profit organisation:––(a) any sum applied by it for charitable or religious purpose in India for which it is registered where such sum is,––(i) paid during such tax year; and(ii) such payment is allowable under sections 36(4), (5), (6) and (7) and

Where the property of a registered non-profit organisation includes any temple, mosque, gurdwara, church or other place notified undersection 133(1)(b)(vii), any sum or sums received by such registered non-profit organisation as donation for the purpose of renovation or repair of such temple, mosque, gurdwara, church or other place, may, at its option, be deemed as

(1) A registered non-profit organisation may accumulate or set apart any part of its regular income during any tax year by furnishing a statement to the Assessing Officer in such form and manner, as prescribed, on or before the due datespecified in section 263(1) for furnishing the return of income for such tax year stating