Income not to be included in regular income.
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.... regular income. 338. While computing the regular income of a registered non-profit organisation, the following income shall not be included:-- (a) income applied outside India, where the ....
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.... welfare in which India is interested; (b) the corpus donation received by the registered non-profit organisation under section 339. - Clause 338 of the Bill seeks to provide for the pro....
TaxTMI