ZipLaw
Income-tax Act Section 339
Default readable text
The Income-tax Act, 2025

Section 339 Corpus donation

Chapter
XVII · Special Provisions Relating to Certain Persons
Part
2.––Income of registered non-profit organisation
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 organisation provided that such donation is invested or deposited in any of the modes permitted under section 350 maintained specifically for such corpus.