Regular income
[As per the Income Tax Act, 2025 (this Act) w.e.f. 1st April, 2026.]
Regular income of any tax year of a registered non-profit organisation means––
(a) receipts from any charitable or religious activity, for which it is registered, carried out by such registered non-profit organisation in such tax year;
(b) receipts, other than those specified in clause (d), whether capital or revenue, derived from any property or investment held by such registered non-profit organisation in such tax year;
(c) voluntary contributions received by such registered non-profit organisation in such tax year; and
(d) gains of any commercial activity, other than the commercial activities restricted under sections 345 and 346, carried out by such registered non-profit organisation in such tax year, computed in such manner, as prescribed.