Section 354A Merger of register non-profit organisation in certain cases
- Part
- 6.––Approval for purpose of deduction under section 133(1)(b)(ii)
- Amendments
- 1
Section 354A inserted by Finance Act, 2026, s. 81, dated 30th March, 2026, with effect from 1 April 2026Where any registered non-profit organisation merges with any other registered non-profit organisation, the provisions of section 352 shall not apply if,—
Section 354A inserted by Finance Act, 2026, s. 81, dated 30th March, 2026, with effect from 1 April 2026(a) the other registered non-profit organisation has same or similar objects; and
Section 354A inserted by Finance Act, 2026, s. 81, dated 30th March, 2026, with effect from 1 April 2026(b) the said merger fulfils such conditions as may be prescribed.