Non-profit registration: eligibility, irrevocable trust requirement, timelines and commissioner's power to enquire and grant or cancel registration.
Clause 332 sets eligibility and procedure for registration as a registered non-profit organisation: specified applicant categories; requirement of carrying out charitable purposes (per section 2(23)) or public religious purposes; properties held under an irrevocable trust for public benefit; differentiated filing windows, provisional registration, prescribed decision timelines, and validity periods (with extended validity for lower income applicants); Commissioner/Principal Commissioner empowered to enquire into genuineness, call for documents, condone delay for reasonable cause, and reject or cancel registration; uncured delay may attract taxability under the accreted income provision.