Regular income of registered non-profit organisations includes charitable receipts, property/investment income, voluntary contributions and permitted commercial gains. Regular income of a registered non-profit organisation comprises receipts from registered charitable or religious activities; receipts, capital or revenue, from property or investments held; voluntary contributions received in the tax year; and gains from commercial activities carried out by the organisation, excluding commercial activities restricted under sections 345 and 346, with such gains to be computed as prescribed.
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Provisions expressly mentioned in the judgment/order text.
Regular income of registered non-profit organisations includes charitable receipts, property/investment income, voluntary contributions and permitted commercial gains.
Regular income of a registered non-profit organisation comprises receipts from registered charitable or religious activities; receipts, capital or revenue, from property or investments held; voluntary contributions received in the tax year; and gains from commercial activities carried out by the organisation, excluding commercial activities restricted under sections 345 and 346, with such gains to be computed as prescribed.
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