Upgrade to AI Tools ✕

We've upgraded AI Tools on TaxTMI with two powerful modes:

1. Basic
• Quick overview summary answering your query with references• Category-wise results to explore all relevant documents on TaxTMI

2. Advanced
• Includes everything in Basic
• Detailed report covering:
     - Overview Summary
     - Governing Provisions [Acts, Notifications, Circulars]
     - Relevant Case Laws
     - Tariff / Classification / HSN
     - Expert views from TaxTMI
     - Practical Guidance with immediate steps and dispute strategy

• Also highlights how each document is relevant to your query, helping you quickly understand key insights without reading the full text.Help Us Improve - by giving the rating with each AI Result:

Call Us / Help / Feedback✕

TMI Blog

Home /

Previous Next

Expenses by candidates in contesting elections to Parliament and State Legislatures can be allowed as deduction while framing income-tax assessment.

X X X X Extracts X X X X

Full Text of the Document

X X X X Extracts X X X X

....come Tax<br>INSTRUCTION NO. 953/CBDT Dated : May 5, 1976 Section(s) Referred: 37 Statute: Income - Tax Act, 1961 Reference is invited to Board's Instruction (F.No.200/15/70-IT(AI) dated the 22 May....

Previous Next

Contact Us At :

FAQs :

Most Asked Video Tutorials :

Submit Feedback/Suggestion :

Expenses by candidates in contesting elections to Parliament and State Legislatures can be allowed as deduction while framing income-tax assessment.