Tax on income of registered non-profit organisation
[As per the Income Tax Act, 2025 (this Act) w.e.f. 1st April, 2026.]
Section 334(1) of Income Tax Act 2025
334(1) The Income-tax payable by a registered non-profit organisation on its total income for any tax year shall be the aggregate of the amounts calculated––
- (a) at the rate of 30% on specified income for such tax year; and
- (b) at the rate applicable on taxable regular income and any residual income for such tax year under other provisions of this Act.
Section 334(2) of Income Tax Act 2025
334(2) The provisions of this Chapter shall apply irrespective of anything to the contrary contained in any other provision of this Act other than section 96 to 98.
