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<h1>Indian companies can deduct non-cash contributions to political parties or electoral trusts, per section 182 of Companies Act 2013.</h1> An Indian company is eligible for a tax deduction for contributions made, excluding cash, to a political party registered under section 29A of the Representation of the People Act, 1951, or to an electoral trust during a tax year. The term 'contribute' is defined as per section 182 of the Companies Act, 2013.