Section 345 Income Tax Act 2025 Restriction on commercial activities by a registered non-profit organisation.

By | April 3, 2026

Section 345 Income Tax Act 2025

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.