Chapter XII-DASPECIAL PROVISIONS RELATING TO TAX ON DISTRIBUTED INCOME OF DOMESTIC COMPANY FOR BUY-BACK OF SHARES (From Section 115QA to Section 115QC )
Part CProcedure for filing of return in respect of fringe benefits, assessment and payment of tax in respect thereof (From Section 115WD to Section 115WM )
Chapter XX-BREQUIREMENT AS TO MODE OF ACCEPTANCE, PAYMENT OR REPAYMENT IN CERTAIN CASES TO COUNTERACT EVASION OF TAX (From Section 269SS to Section 269TT )
Political contribution deduction: corporate payments to parties or electoral trusts eligible, but cash donations disallowed. Deduction is allowed for sums contributed by an Indian company in the previous year to a political party or an electoral trust when computing total ... Summary
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Political contribution deduction: corporate payments to parties or electoral trusts eligible, but cash donations disallowed.
Deduction is allowed for sums contributed by an Indian company in the previous year to a political party or an electoral trust when computing total income, but no deduction is permitted for contributions made by way of cash; the term "contribute" is to be read with the meaning assigned under the Companies Act.
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