https://www.taxtmi.com/acts?id=10868 Clause 90 defines outgoings to include voluntary contributions specifically directed to the corpus; amounts actually paid for non-capital expenditure wholly and exclusively to obtain receipts under section 95; non-capital expenditure for permitted welfare activities; capital expenditure for a business incidental to permitted welfare activities (subject to exclusions); capital expenditure on non-financial investment assets; payments (other than loans or advances) to similar non-profit organisations; and amounts applied outside India for internationally focused welfare activities notified by the Central Government. en-us Thu, 20 Aug 2009 12:40:49 +0530 Thu, 20 Aug 2009 12:40:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=10868 Clause 90 defines outgoings to include voluntary contributions specifically directed to the corpus; amounts actually paid for non-capital expenditure wholly and exclusively to obtain receipts under section 95; non-capital expenditure for permitted welfare activities; capital expenditure for a business incidental to permitted welfare activities (subject to exclusions); capital expenditure on non-financial investment assets; payments (other than loans or advances) to similar non-profit organisations; and amounts applied outside India for internationally focused welfare activities notified by the Central Government. Act-Rules Bills Thu, 20 Aug 2009 12:40:49 +0530 https://www.taxtmi.com/acts?id=10868