Approval for NPO purposes encompasses approvals under charitable deduction provisions and the separate statutory approval mechanism. Section 355 defines approval for Part B concerning NPOs as an approval under the second proviso to section 80G(5) of the Income-tax Act, 1961, or under ... Summary
Approval for NPO purposes encompasses approvals under charitable deduction provisions and the separate statutory approval mechanism.
Section 355 defines approval for Part B concerning NPOs as an approval under the second proviso to section 80G(5) of the Income-tax Act, 1961, or under section 354. The term covers only approvals granted through these specified statutory routes for applying Part B to NPOs.
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