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can we run a a profit organization with donations for ?

Assistant Manager HR

Dear Scholars, Can we run a company/ organization for social cause but it would not be an NGO, it would be registered as for profit organization. If yes, please confirm the section of law supporting the same.
 
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Yes u can subject to the condition that u will not get full tax benefit
 
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Yes u can subject to the condition that u will not get full tax benefit
 
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advocate

Mr Kumud is right If you want to do charity then you can do it through any organization it may be profitable or non-profitable There is no bar to do charity?
 
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advocate

Mr Kumud is right If you want to do charity then you can do it through any organization it may be profitable or non-profitable There is no bar to do charity?
 
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