| (a) | - | shall utilise such contribution for the purposes for which the contribution has been received : |
| - | Provided that any foreign contribution or any income arising out of it shall not be used for speculative business : | |
| - | Provided further that the Central Government shall, by rules, specify the activities or business which shall be construed as speculative business for the purpose of this section; | |
| (b) | - | shall not defray as far as possible such sum, not exceeding [twenty per cent.] of such contribution, received in a financial year, to meet administrative expenses : |
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19 May 2026
Article, CA & Paid Assistant PositionsAggarwal Sarawagi and Co New Delhi CA View Details |
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