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of <h1>Non-Profit Gross Receipts Include Donations, Rent, and More; Exclusions Detailed in Section 88 of Direct Taxes Code.</h1> Gross receipts for a non-profit organization, as outlined in Clause 89 of the Direct Taxes Code Bill, 2009, include voluntary contributions, rent from property, income from business activities incidental to permitted welfare activities, proceeds from the transfer of non-financial investment and business capital assets, income from investments, and other incoming funds such as donations. Exclusions from gross receipts are loans, borrowings, advances, and certain receipts specified in section 88. These provisions define the components of total income for non-profit organizations for tax purposes.
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