https://www.taxtmi.com/acts?id=53541 Electoral trusts may accept voluntary contributions only from specified Indian contributors and only through account payee cheque, account payee bank draft or electronic transfer, without cash. They must obtain contributor identification details, issue prescribed receipts, and reject contributions from foreign or prohibited sources. Funds may be distributed only to eligible political parties, subject to limits on administrative expenditure, mandatory annual distribution of distributable contributions, detailed accounting, audit, electronic reporting and maintenance of contributor, recipient and meeting records. en-us Fri, 20 Mar 2026 18:44:00 +0530 Wed, 08 Apr 2026 15:58:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=53541 Electoral trusts may accept voluntary contributions only from specified Indian contributors and only through account payee cheque, account payee bank draft or electronic transfer, without cash. They must obtain contributor identification details, issue prescribed receipts, and reject contributions from foreign or prohibited sources. Funds may be distributed only to eligible political parties, subject to limits on administrative expenditure, mandatory annual distribution of distributable contributions, detailed accounting, audit, electronic reporting and maintenance of contributor, recipient and meeting records. Act-Rules Income Tax Fri, 20 Mar 2026 18:44:00 +0530 https://www.taxtmi.com/acts?id=53541