https://www.taxtmi.com/manuals?id=2492 Section 338 excludes qualifying income applied outside India and corpus donations from the regular income of a registered non-profit organisation. Overseas application qualifies only where the Board issues a general or special order and prescribed conditions are fulfilled. Eligibility depends on the organisation's creation date, purpose, and, for later charitable organisations, promotion of international welfare in which India is interested. Non-compliant overseas application is treated as specified income, while corpus donations received under section 339 are excluded at the computation stage. en-us Wed, 15 Mar 2023 11:42:00 +0530 Thu, 24 Sep 2026 14:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=2492 Section 338 excludes qualifying income applied outside India and corpus donations from the regular income of a registered non-profit organisation. Overseas application qualifies only where the Board issues a general or special order and prescribed conditions are fulfilled. Eligibility depends on the organisation's creation date, purpose, and, for later charitable organisations, promotion of international welfare in which India is interested. Non-compliant overseas application is treated as specified income, while corpus donations received under section 339 are excluded at the computation stage. Manuals Income Tax Wed, 15 Mar 2023 11:42:00 +0530 https://www.taxtmi.com/manuals?id=2492