Books of account requirement: registered non-profit organisations must maintain prescribed records when income exceeds the non-taxable threshold. Where a registered non-profit organisation's total income, without giving effect to the Part's provisions, exceeds the maximum amount not chargeable to income-tax in a tax year, the organisation must keep and maintain the books of account and other documents in such form, manner and at such place as prescribed.
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Provisions expressly mentioned in the judgment/order text.
Books of account requirement: registered non-profit organisations must maintain prescribed records when income exceeds the non-taxable threshold.
Where a registered non-profit organisation's total income, without giving effect to the Part's provisions, exceeds the maximum amount not chargeable to income-tax in a tax year, the organisation must keep and maintain the books of account and other documents in such form, manner and at such place as prescribed.
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