Bare ActsIncome-tax Act, 2025

Section 344

Business undertaking held as property.--

Amendment status not verified — confirm the current text below against the official source.

Where the property held by a registered non-profit organisation includes a business undertaking, and where a claim is made that the income of any such undertaking is eligible for benefits under this Part, then the Assessing Officer shall have the power to determine the income of such business undertaking as per the provisions of this Act.

Section 344 – Income-tax Act, 2025 | DailyLaw.ai