Interpretation.

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....making such contribution and such other particulars, as prescribed; (b) "approval" means an approval under the second proviso to section 80G(5) of the Income-tax Act, 1961 (43 of 1961) or section 354; (c) "cancellation" includes withdrawal; (d) "donation" means any voluntary contribution received by a registered non-profit organisation from any person; (e) "commercial activity" means a....

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.... person" means any of the following persons:- (i) the author or the founder of the registered non-profit organisation; (ii) any person whose total contribution to such registered non-profit organisation, during the relevant tax year exceeds one lakh rupees, or, in aggregate up to the end of the relevant tax year exceeds ten lakh rupees, as the case may be; (iii) where su....

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....erred to in sub-clause (ii), (iii), (iv) or (v); (vii) any lineal descendant of a brother or sister of either the individual or of the spouse of the individual; (j) "residual income" means the total income, as reduced by regular income and specified income; (k) "specified asset" means any asset which is established to have been directly acquired by the specified person-- (i....

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....ion became effective due to the provisions of the first proviso or the second proviso to section 12A(2) or the eighth proviso to section 10(23C), where provisions of the first proviso or the second proviso to section 12A(2) or the eighth proviso to section 10(23C), of the Income-tax Act, 1961 (43 of 1961), are applicable; and (iv) which has been transferred to any other specified person w....