https://www.taxtmi.com/acts?id=51898 Failure by a registered non profit organisation to maintain books, obtain audits, file returns, or refraining from prohibited commercial activity makes its regular income for the tax year taxable after reduction only by specified allowable expenditures incurred in India for its objects, subject to conditions excluding corpus, borrowings, donations, prohibited payments and certain depreciation/application constraints; specified and residual income not covered are also chargeable and no other deductions or set offs are permitted. en-us Thu, 14 Aug 2025 17:55:27 +0530 Sat, 31 Jan 2026 13:25:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=51898 Failure by a registered non profit organisation to maintain books, obtain audits, file returns, or refraining from prohibited commercial activity makes its regular income for the tax year taxable after reduction only by specified allowable expenditures incurred in India for its objects, subject to conditions excluding corpus, borrowings, donations, prohibited payments and certain depreciation/application constraints; specified and residual income not covered are also chargeable and no other deductions or set offs are permitted. Act-Rules Income Tax Thu, 14 Aug 2025 17:55:27 +0530 https://www.taxtmi.com/acts?id=51898