TMI BlogOutgoings of a non-profit organisation.X X X X Extracts X X X X X X X X Extracts X X X X ..... for any expenditure, not being capital expenditure, incurred wholly and exclusively for earning or obtaining any receipts referred to in section 93; (b) the amount paid for any expenditure, incurred for the purposes of carrying out any charitable activity; (c) the amount paid for any capital expenditure for the purposes of any business, if the business is incidental to any cha ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... clause) or ten per cent. of the gross receipts, whichever is higher; and (ii) invested or deposited in the modes specified in section 95, for a period not exceeding three years from the end of the financial year. - - statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulations, Taxation Tax Management India - taxmanagementindia - taxmanagement - taxmanagementin ..... X X X X Extracts X X X X X X X X Extracts X X X X
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