https://www.taxtmi.com/acts?id=23523 Eligibility for tax exemption of political parties is conditioned on receipt of donations above two thousand rupees only by account payee cheque, account payee bank draft, electronic clearing system through a bank account, or through electoral bond; electoral bond contributions are excluded from the prior reporting requirement. Political parties must also furnish their return of income for the previous year under the specified provision on or before the due date. The amendment defines "electoral bond" and is effective from 1 April 2018. en-us Wed, 01 Feb 2017 17:43:23 +0530 Wed, 01 Feb 2017 17:43:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=23523 Eligibility for tax exemption of political parties is conditioned on receipt of donations above two thousand rupees only by account payee cheque, account payee bank draft, electronic clearing system through a bank account, or through electoral bond; electoral bond contributions are excluded from the prior reporting requirement. Political parties must also furnish their return of income for the previous year under the specified provision on or before the due date. The amendment defines "electoral bond" and is effective from 1 April 2018. Act-Rules Bill Wed, 01 Feb 2017 17:43:23 +0530 https://www.taxtmi.com/acts?id=23523