Gross receipts of a non-profit organisation.

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..... ibutions received; (b) any rent received in respect of a property held by the non-profit organisation consisting of any buildings or lands appurtenant thereto; (c) the amount of income derived from any business carried on by the non-profit organisation, if the business is incidental to any charitable activity so carried on; (d) income from transfer of any capita .....

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..... (1) shall not include— (a) any loan taken during the financial year; and (b) voluntary contributions received with a specific direction that they shall form part of the corpus of the non-profit organisation. - - statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulations, Taxation Tax Management India - taxmanagementindia - taxmanagement - taxmanageme .....

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