In part 2 of Pacta’s Income Tax Act, 2025 series, the issue looks at how the Act classifies the income of RNPOs, and what this means for tax treatment.
This issue covers:
• Regular income and the 85% application rule
• Specified income and its tax implications
• Residual income
• Corpus donations and deemed corpus donations
• Taxability of anonymous donations
Read the full issue here
Read part 1: Registration of Non-Profit Organisations under the Income Tax Act, 2025