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of <h1>Nonprofit organisations must file returns when pre-exemption income exceeds basic threshold under Section 349; check Section 263 deadlines</h1> Registered non-profit organisations must file a return where their total income, computed before applying the Part's exemptions, exceeds the basic non-taxable threshold; both the Bill and enacted Section 349 impose this trigger. The sole substantive difference is procedural: the Bill cross-referenced section 263(1)(b) for the filing time limit, whereas the enacted provision cites section 263(1)(c) and expressly includes section 263(2). That change likely affects which specific deadline and procedural rules apply, so practitioners should consult section 263 to determine exact filing timelines and related obligations.
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