2025Section 345

345. Restriction on commercial activities by a registered non-profit organisation.

In the 1961 Act1 match · Unreviewed

1961 Section 11Split · Unreviewed · Compare

From the Income Tax Department's correspondence.

A registered non-profit organisation (other than a registered non-profit organisation mentioned in section 346) shall not carry out any commercial activity unless—

(a) such commercial activity is incidental to the attainment of the objectives of the registered non-profit organisation; and

(b) separate books of account are maintained for such activities.

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