Section 349 — Return of income

Where the total income of a registered non-profit organisation, without giving
effect to the provisions of this Part, exceeds the maximum amount which is
not chargeable to income-tax in any tax year, it shall furnish the return of income
for that tax year as per the provisions of section 263(1)( a)(iii) and (2), within the
time limit allowed under section 263(1)(c) 65[or 263(4)].