Cancellation and withdrawal have an inclusive statutory meaning for Part B NPO provisions under income-tax law. Cancellation, for purposes of Part B relating to NPO under the Income-tax Act, 2025, includes withdrawal. Withdrawal falls within the statutory meaning of ... Summary
Cancellation and withdrawal have an inclusive statutory meaning for Part B NPO provisions under income-tax law.
Cancellation, for purposes of Part B relating to NPO under the Income-tax Act, 2025, includes withdrawal. Withdrawal falls within the statutory meaning of cancellation when applying the relevant Part B NPO provisions. The definition is confined to that Part B context and identifies withdrawal as an included form of cancellation for those provisions.
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