Amendment of section 13A.
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....; (B) the word "and" occurring at the end shall be omitted; (ii) in clause (c), the word "; and" shall be inserted at the end; (iii) after clause (c), the following clause shall be inserted, namely:- '(d) no donation exceeding two thousand rupees is received by such political party otherwise than by an account payee cheque drawn on a bank or an account payee bank draft or use of electronic....
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....ich is chargeable under the head "Income from house property" or" Income from other sources" or "Capital gains" or any income by way of voluntary contributions received by a political party from any person shall be excluded in computing the total income of the previous year of such political party subject to the conditions that such political party keeps and maintains....
TaxTMI
TaxTMI