NISM 23 - Social Impact Assessors Certification Exam Notes
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Tax Compliance: NPOs comply with Income Tax Act provisions for exemptions.
Donation Verification: Valid 80G registration is verified at the time of donation.
Income Heads: NPO income is categorized under various heads for tax computation.
Exemption Limits: Exemptions are subject to limits based on NPO activities and income.
Regulatory Oversight: The Income Tax Department oversees NPO tax compliance.
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NISM 23 - Social Impact Assessors
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