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    <title>Residual Income</title>
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    <description>Residual income for purposes of Part B concerning NPOs is calculated from total income determined without giving effect to that Part. Regular income and specified income are then reduced from that amount. The balance remaining after these reductions constitutes residual income for the Part B computation.</description>
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    <pubDate>Fri, 11 Sep 2026 15:08:00 +0530</pubDate>
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      <description>Residual income for purposes of Part B concerning NPOs is calculated from total income determined without giving effect to that Part. Regular income and specified income are then reduced from that amount. The balance remaining after these reductions constitutes residual income for the Part B computation.</description>
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      <law>Income Tax</law>
      <pubDate>Fri, 11 Sep 2026 15:08:00 +0530</pubDate>
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