§ 339
Chapter XVII — Special Provisions Relating To Certain Persons
Corpus donation
Income-tax Act, 2025
A corpus donation is a contribution that the donor specifies must become part of the permanent fund (corpus) of a registered non‑profit organization. The amount must be invested or deposited in the ways allowed under section 350, and it must be kept separate for corpus purposes. Such donations are treated as corpus contributions for tax and compliance purposes.
📜 Official text of the section +
339. Corpus donation means any donation made with a specific direction by the
donor that it shall form part of the corpus of the registered non-profit organ-
isation provided that such donation is invested or deposited in any of the modes
permitted under section 350 maintained specifically for such corpus.
Deemed corpus donation.
Plain-language summary — not the official text. Refer to the bare Act and confirm with a professional for your specific case.