Section 339 — Corpus donation
Old Act equivalent: 47 of IT Act 1961 Sub-part: Capital Gains — Computation Rules and Exemptions
Statutory Text
- 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 organ - isation provided that such donation is invested or deposited in any of the modes permitted under section 350 maintained specifically for such corpus. Deemed corpus donation.
Provisos
None.
Explanations
None.
Tables
None.
Cross-References
To be updated.
Notes
- Verification status: pending
- Auto-generated from IT Act 2025 PDF on 2026-04-13