Income-tax Act, 2025 · CHAPTER XVII — Special provisions relating to certain persons

Section 335Regular income

Income-tax Act, 2025 (30 of 2025)

Regular income of any tax year of a registered non-profit organisation means—

(a)income from any charitable or religious activity, for which such non-profit organisation is registered, carried out by it in such tax year;

(b)income other than income covered in clause (e), derived from any property, deposit or investment held wholly for charitable or religious purposes by such registered non-profit organisation in such tax year;

(c)income other than income covered in clause (e), derived from any property, deposit or investment held in part for charitable and religious purposes by such registered non-profit organisation as referred in section 332(2)(b)(ii) in such tax year;

(d)voluntary contributions received by such registered non-profit organisation in such tax year; and

(e)gains of any commercial activity permissible under sections 344, 345 and 346, carried out by such registered non-profit organisation in such tax year, computed in such manner, as may be prescribed.

income from any charitable or religious activity, for which such non-profit organisation is registered, carried out by it in such tax year;

income other than income covered in clause (e), derived from any property, deposit or investment held wholly for charitable or religious purposes by such registered non-profit organisation in such tax year;

income other than income covered in clause (e), derived from any property, deposit or investment held in part for charitable and religious purposes by such registered non-profit organisation as referred in section 332(2)(b)(ii) in such tax year;

voluntary contributions received by such registered non-profit organisation in such tax year; and

gains of any commercial activity permissible under sections 344, 345 and 346, carried out by such registered non-profit organisation in such tax year, computed in such manner, as may be prescribed.

This section refers to

§ 332 Application for registration.

§ 344 Business undertaking held as property

Referenced by

§ 206(1)

Rule 182 Manner of computation of gains of commercial activities under sections 335(e), 344, 345 and 346