https://www.taxtmi.com/manuals?id=1222 Section 346 permits a registered non-profit organisation pursuing advancement of an object of general public utility to carry on commercial activity only when it occurs in the course of actual pursuit of that object, commercial receipts remain within 20% of total receipts for the relevant tax year, and separate books of account are maintained. Section 345 applies to other registered non-profit organisations and permits commercial activity only if incidental to their objectives and separately accounted for. en-us Mon, 28 Sep 2015 10:32:00 +0530 Thu, 03 Sep 2026 14:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1222 Section 346 permits a registered non-profit organisation pursuing advancement of an object of general public utility to carry on commercial activity only when it occurs in the course of actual pursuit of that object, commercial receipts remain within 20% of total receipts for the relevant tax year, and separate books of account are maintained. Section 345 applies to other registered non-profit organisations and permits commercial activity only if incidental to their objectives and separately accounted for. Manuals Income Tax Mon, 28 Sep 2015 10:32:00 +0530 https://www.taxtmi.com/manuals?id=1222