Deduction for political contributions: non-cash donations to registered political parties or electoral trusts qualify, with public funded entities excluded. A deduction is permitted for non-cash contributions made by an assessee during the tax year to a registered political party or an electoral trust, but excludes local authorities and artificial juridical persons wholly or partly funded by the Government from claiming that deduction.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Deduction for political contributions: non-cash donations to registered political parties or electoral trusts qualify, with public funded entities excluded.
A deduction is permitted for non-cash contributions made by an assessee during the tax year to a registered political party or an electoral trust, but excludes local authorities and artificial juridical persons wholly or partly funded by the Government from claiming that deduction.
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