§335

Section 335 — Regular income

Income-tax Act, 2025 (amended upto 2026)

In plain terms: This section defines the regular income of a registered non-profit organisation: income from the charitable or religious activity for which it is registered, income from property, deposits or investments held wholly for charitable or religious purposes, and other items listed.

Regular income of any tax year of a registered non-profit organisation means--

(a) income from any charitable or religious activity, for which such nonprofit organisation is registered, carried out by it in such tax year;

(b) income other than income covered in clause (e), derived from any property, deposit or investment held wholly for charitable or religious purposes by such registered non-profit organisation in such tax year;

(c) income other than income covered in clause (e), derived from any property, deposit or investment held in part for charitable and religious purposes by such registered non-profit organisation as referred in section 332(2)(b)(ii) in such tax year;

(d) voluntary contributions received by such registered non-profit organisation in such tax year; and

(e) gains of any commercial activity permissible under sections 344, 345 and 346, carried out by such registered non-profit organisation in such tax year, computed in such manner, as may be prescribed.