2025Section 137
137. Deduction in respect of contributions given by any person to political parties.
In the 1961 Act1 match · Unreviewed
- 1961 Section 80GGC
From the Income Tax Department's correspondence.
An assessee, (other than a local authority and an artificial juridical person wholly or partly funded by the Government), shall be allowed a deduction for the amount contributed by him, other than by way of cash, during a tax year to a political party registered under section 29A of the Representation of the People Act, 1951 (43 of 1951), or an electoral trust.