Prohibited investment modes: exclude associated concern equity, debt and deposits from nonprofit income computation. Prohibited investments for non-profit income computation include investment in capital or equity of an associated concern; bonds, debentures or other debt ... Summary
Prohibited investment modes: exclude associated concern equity, debt and deposits from nonprofit income computation.
Prohibited investments for non-profit income computation include investment in capital or equity of an associated concern; bonds, debentures or other debt instruments issued by an associated concern; deposits with an associated concern; and any other forms or modes of investment as may be prescribed.
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