Business undertaking income benefits require statutory determination and compliance with incidental commercial activity conditions for registered non-profit organisations.

Section 344 applies where property held by a registered non-profit organisation includes a business undertaking and benefits are claimed for its income. The Assessing Officer may determine the undertaking's income under the Income-tax Act. Commercial activity must be incidental to the organisation's objectives and supported by separate books of account. Organisations advancing an object of general public utility are also subject to a 20% ceiling on aggregate receipts from commercial activities.

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