§ 349
Chapter XVII — Special Provisions Relating To Certain Persons
Return of income
Income-tax Act, 2025
✍️ A plain-language summary of this section is being prepared. Below is the official text.
📜 Official text
349. 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, it shall furnish the return of income
for that tax year as per the provisions of section 263(1)( a)(iii) and (2), within the
time limit allowed under section 263(1)(c) 65[or 263(4)].
Permitted modes of investment.
Plain-language summary — not the official text. Refer to the bare Act and confirm with a professional for your specific case.