In part 3 of Pacta’s Income Tax Act, 2025 series, the issue looks at how registered non-profit organisations (RNPOs) may satisfy the 85% application requirement under the Act.
This issue examines what qualifies as application of income towards an RNPO’s registered charitable or religious purposes, and how income may be accumulated or deemed to be accumulated.
This issue covers:
• Application of income towards registered charitable or religious purposes under Section 341
• Accumulation of income under Section 342
• Deemed accumulated income under Section 343
Read the full issue here.
This issue is the third part in a seven-part series on the Income Tax Act, 2025, effective 1 April, 2026.
Read:
Part 1: Registration of Non-Profit Organisations under the Income Tax Act, 2025
Part 2: Classification of Income of Registered Non-profit Organisations (RNPOs) under the Income Tax Act, 2025