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

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....ruction Dated:- 5-5-1976 Order-Instruction<br>Income Tax<br>INSTRUCTION NO. 953/CBDT Dated : May 5, 1976 Section(s) Referred: 37 Statute: Income - Tax Act, 1961 Reference is invited to Boa....