Interpretation.

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....a registered non-profit organisation from any person; (e) "commercial activity" means any activity in the nature of trade, commerce or business, or any activity of rendering any service in relation to any trade, commerce or business, for a cess or fee or any other consideration, irrespective of the nature of use or application, or retention, of the income from such activity; (f) "registration" includes provisional registration, provisional approval or approval, as referred to in the second proviso to section 10(23C) or 12AB (1) of the Income-tax Act, 1961 (43 of 1961) and under section 332, but shall not include approval under the second proviso to section 80G(5) of the said Act or section 354; (g) "registered non....

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....escendant of a brother or sister of either the individual or of the spouse of the individual; (j) "residual income" means the total income without giving effect to the provisions of this Part, 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) out of its income of the nature referred to in Schedule II (Table: Sl. No. 1); (ii) during the period beginning from the date of its creation or establishment and ending on the date from which the registration under specified provision became effective, if the specified person has not been allowed any benefit under this Part or under sections 11 an....