Bare ActsIncome-tax Act, 2025

Section 347

Books of account.--

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

Where the total income of a registered non-profit organisation, without giving effect to the provisions of this Part, exceeds the maximum amount which is not chargeable to income-tax in any tax year, such registered non-profit organisation shall be required to keep and maintain the books of account and other documents in such form and manner and at such place, as may be prescribed.

Section 347 – Income-tax Act, 2025 | DailyLaw.ai