Section-338 : Income not to be included in regular income

1. Section-338 as per act

While computing the regular income of a registered non-profit organisation, the following income shall not be included:––

1. income applied outside India, where the Board, by general or special order, directs that such income shall not be so included in its total income in case of a registered non-profit organisation––
   
   
   1. created before the 1st April, 1952 for charitable or religious purposes; or
   2. created on or after the 1st April, 1952 for charitable purposes where such application of income outside India tends to promote international welfare in which India is interested;
2. the corpus donation received by the registered non-profit organisation under section 339.

2. Help and useful links for Section-338

1. Income Tax Help Center
2. Income Tax Act 2025 Home
3. Self Service (DIY) Income Tax Filing made Easy