TMI BlogOutgoings in the case of a non-profit organisationX X X X Extracts X X X X X X X X Extracts X X X X ..... 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 du ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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. - - statute, statutory provis ..... X X X X Extracts X X X X X X X X Extracts X X X X
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