Rule 182 says gains of a permitted commercial activity of a registered non-profit organisation under sections 344, 345 and 346 are computed as if the activity were a separate entity with its own books, under Part D of Chapter IV, for section 335(e).
182
Rules 2026 · Rule 182
Manner of computation of gains of commercial activities under sections 335(e), 344, 345 and 346
Rules 131-200
The rule. The activity is treated as a separate entity from the registered non-profit organisation (a); separate books of account are maintained (b); and the gains for the tax year are computed under Part D of Chapter IV of the Act (c).