Income-tax Act, 2025

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

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

345. 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. .... To read the full section download the app from Google Play store