https://www.taxtmi.com/acts?id=48989 Income excluded from total income includes receipts of political parties and electoral trusts, subject to conditions: political parties must maintain books and records, record donor details for contributions above a specified threshold (excluding electoral bonds), have audited accounts, restrict receipt of donations above a small amount to prescribed banking or electronic modes or electoral bonds, submit a statutory treasurer's report, and file a timely return; electoral trusts must distribute the substantial bulk of donations to eligible political parties and function under Central Government rules. en-us Fri, 14 Feb 2025 15:34:10 +0530 Thu, 20 Feb 2025 16:53:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=48989 Income excluded from total income includes receipts of political parties and electoral trusts, subject to conditions: political parties must maintain books and records, record donor details for contributions above a specified threshold (excluding electoral bonds), have audited accounts, restrict receipt of donations above a small amount to prescribed banking or electronic modes or electoral bonds, submit a statutory treasurer's report, and file a timely return; electoral trusts must distribute the substantial bulk of donations to eligible political parties and function under Central Government rules. Act-Rules Bills Fri, 14 Feb 2025 15:34:10 +0530 https://www.taxtmi.com/acts?id=48989