by: adminPosted on:

Donation To Political Party Comes Under Which Section

Donation To Political Party Comes Under Which Section. Web 28 jun 2018 2,563,665 views 345 comments inspite of all the contributions made to social causes, there is a huge gap between the demand of money from the needy and the. Web limit of contribution:

Political party contributions

Web section 80ggc provides for tax deductions with respect to donations made by taxpayers towards political parties or any electoral trusts. Web 28 jun 2018 2,563,665 views 345 comments inspite of all the contributions made to social causes, there is a huge gap between the demand of money from the needy and the. Web yes, an indian company can claim a deduction for donations made to a political party or electoral trust under section 80ggb of the income tax act.

Web Political Donation Under Section 80Ggb/80Ggc:

For the purposes of sections 80ggb and 80ggc, political party means a political party registered under section 29a of the representation of. Web the donations which are made should be to a registered political party under section 29a of representation of the people act, 1951. Web under sections 3 and 4 of foreign contributions (regulation) act (fcra), 1976, political parties are not permitted to accept contributions from foreign companies.

Web 28 Jun 2018 2,563,665 Views 345 Comments Inspite Of All The Contributions Made To Social Causes, There Is A Huge Gap Between The Demand Of Money From The Needy And The.

Web section 80ggc provides for tax deductions with respect to donations made by taxpayers towards political parties or any electoral trusts. There is no maximum applicable limit on the contributions made to political parties, under section 80 ggb of the income tax act. There is a thin line of difference between tax saving and tax evasion;

However, All Donations To A Political Party Are Not Eligible For Benefit.

Hence, if you meet certain eligibility criteria you can. Web limit of contribution: Obtain a receipt or certificate from the political party or electoral trust to which the.

Web Sections 80Ggb And 80Ggc Provide For An Exemption From Tax Payments In Order To Encourage Donations To Political Parties.

Web section 80ggc deals with the benefit to those making donations to a political party. Web section 80ggc of the allows taxpayers to avail of tax benefits for their contributions to political parties. The difference between the two.

Web The Amount Of Donation That Is Tax Free Depends On The Section Under Which The Donation Is Made.

Donations made to electoral trust also will. Web it is important to note that the political party must be registered under section 29a of the representation of the people act, 1951, and the donations made. Web yes, an indian company can claim a deduction for donations made to a political party or electoral trust under section 80ggb of the income tax act.