Outgoings in the case of a non-profit organisation
90. The amount of outgoings referred to in section 88 shall be the aggregate of -
(a) voluntary contributions received during the financial year by the non-profit organisation made with a specific direction that they shall form part of the corpus of the non-profit organisation.
(b) the amount actually paid during the financial year for any expenditure, not being a capital expenditure, incurred wholly and exclusively for earning or obtaining any receipts referred to in section 95;
(c) the amount actually paid during the financial year for any expenditure, not being a capital expenditure, incurred for the purposes of carrying out the permitted welfare activity;
(d) the amount actually paid during the financial year for any capital expenditure for the purposes of any business, if-
(i) the business is incidental to the permitted welfare activity carried on by it; and
(ii) the permitted welfare activity so carried on does not involve any activity referred to in sub-clause (vi) of clause (g) of section 96;
(e) the amount actually paid during the financial year for any capital expenditure in relation to any investment asset, not being a financial asset;
(f) any amount, other than any loan or advance, actually paid during the financial year to any other non-profit organisation engaged in similar permitted welfare activity; and
(g) any amount applied outside India during the financial year, if-
(i) the amount is applied for an activity which tends to promote international welfare in which India is interested; and
(ii) the non-profit organisation is notified by the Central Government in this behalf.