https://www.taxtmi.com/notifications?id=25412 The amendment establishes rules for electoral trusts: permissible donor categories; prohibition on foreign and other electoral trust contributions; mandatory non-cash receipts with donor identification; issuance of detailed receipts; limits on administrative expenditure; computation and timely distribution of distributable contributions to eligible political parties; prohibition on benefiting members, contributors or related persons; maintenance of books, contributor and recipient registers; annual audit and filing of Form No. 10BC with annexure; certified annual reporting of contributors and distributions; and notification of post-approval shareholder changes. en-us Thu, 31 Jan 2013 00:00:00 +0530 Fri, 03 May 2024 14:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=25412 The amendment establishes rules for electoral trusts: permissible donor categories; prohibition on foreign and other electoral trust contributions; mandatory non-cash receipts with donor identification; issuance of detailed receipts; limits on administrative expenditure; computation and timely distribution of distributable contributions to eligible political parties; prohibition on benefiting members, contributors or related persons; maintenance of books, contributor and recipient registers; annual audit and filing of Form No. 10BC with annexure; certified annual reporting of contributors and distributions; and notification of post-approval shareholder changes. Notifications Income Tax Thu, 31 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/notifications?id=25412