TaxationaryHomeReview

2025Section 339

339. Corpus donation.

In the 1961 Act1 match · Unreviewed

From the Income Tax Department's correspondence.

Corpus donation means any donation made with a specific direction by the donor that it shall form part of the corpus of the registered non-profit organisation provided that such donation is invested or deposited in any of the modes permitted under section 350 maintained specifically for such corpus.

Income-tax Act, 2025: text as on 25 August 2026 · Official source ↗ ·