Deduction in respect of contributions given by any person to political parties or electoral trust - (New) Section 137 / (old) Section 80GGC

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....essee The deduction is available to every assessee except: • Local Authorities; and • Artificial Juridical Persons wholly or partly funded by the Government. (b) Eligible recipient The contribution must be made to either: • a political party registered under Section 29A of the Representation of the People Act, 1951, or • an electoral tru....

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....ority • Artificial Juridical Person, wholly or partly funded by Govt. To whom donation can be made? • Political parties - The political party receiving the donation must be registered under the Section 29A of the Representation of the People Act, 1951. • Electoral trust - An electoral trust is a non-profit company created under Section 8 of the C....