Regular income of registered non-profits includes charitable receipts, investment income, contributions and gains from permissible commercial activities.

Section 335 defines regular income of a registered non-profit organisation to include income from registered charitable or religious activities, property, deposits or investments held for charitable or religious purposes, voluntary contributions, and gains from permissible commercial activities. Property-income clauses exclude income classified as gains from permissible commercial activities. Commercial activity gains are included where activities are permissible under the applicable framework and carried on during the tax year.

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