Electoral trust approval: procedural framework for recognizing trusts handling voluntary contributions distributed to political parties. Establishes a procedure for granting approval to electoral trusts which will receive voluntary contributions and distribute the same to political parties, incorporating that approval mechanism into the direct tax regulatory framework; this provision was inserted by a subsequent notification.
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Provisions expressly mentioned in the judgment/order text.
Electoral trust approval: procedural framework for recognizing trusts handling voluntary contributions distributed to political parties.
Establishes a procedure for granting approval to electoral trusts which will receive voluntary contributions and distribute the same to political parties, incorporating that approval mechanism into the direct tax regulatory framework; this provision was inserted by a subsequent notification.
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