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

Section 336Taxable regular income

Income-tax Act, 2025 (30 of 2025)

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 of such tax year has been applied as per provisions of section 341 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 other case, 85% of the regular income for such tax year as reduced by its application for charitable or religious purposes as per provisions of section 341 or accumulation thereof under section 342 in such tax year as per the provisions of this Part.

nil, where 85% or more of the regular income of such tax year has been applied as per provisions of section 341 or accumulated under section 342 for charitable or religious purposes, in such tax year as per the provisions of this Part; and

in any other case, 85% of the regular income for such tax year as reduced by its application for charitable or religious purposes as per provisions of section 341 or accumulation thereof under section 342 in such tax year as per the provisions of this Part.

This section refers to

§ 341 Application of income

§ 342 Accumulated income