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

Section 339Corpus donation

Income-tax Act, 2025 (30 of 2025)

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 provided that such donation is invested or deposited in any of the modes permitted under section 350 maintained specifically for such corpus.

This section refers to

§ 350 Permitted modes of investment

Referenced by

§ 338 Income not to be included in regular income

§ 338(b)

§ 340 Deemed corpus donation