Section 345

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

The Income-tax Act, 2025

Act 30 of 2025
Ministry of Finance
Department of Revenue

About this Act

An Act to consolidate and amend the law relating to income-tax.

    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.