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Clause 345 - Restriction on commercial activities by a registered non-profit organisation. - Income Tax Bill, 2025Extract Restriction on commercial activities by a registered non-profit organisation. 345. No registered non-profit organisation, other than a registered non-profit organisation, carrying out advancement of any other object of general public utility, shall 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.
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