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Commission's main notification dated 15.05.2023 containing list of rupps, delisted rupps & inactive rupps. The election commission of india has reviewed the system and process of registration of political parties and decided to implement a “political parties registration tracking management. For the definition of political parties, conditions for claiming income tax exemption etc read on.
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Details related to election symbol, constitutions of political parties, recognition and. Section 80ggc of the income tax act, 1961, allows individuals to claim a deduction for contributions made to registered political parties or electoral trusts, provided the. It is requested that the claim may be verified and mistake, if any,.
If yes, provide the registration.
Is the political party registered under section 29a of the representation of the people act, 1951, or an electoral trust approved by the cbdt? Be sure to check the registration status of the political. To claim a tax deduction, your donation must be made to a registered political party. Donate to a registered political party:
As per section 80ggb of the income tax act, 1961, any indian company or enterprise that donates to a political party or an electoral trust registered in india can claim a deduction for the. It is observed that you have claimed deduction under section 80ggc of rs xxxxxx in your itr for a.y. Discover how section 80ggc enables taxpayers to claim deductions on donations made to political parties. Find information about various registered political parties in india by the election commission of india (eci).
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Learn about the eligibility criteria and benefits of this deduction under.
Political parties in india do enjoy certain income tax benefits.
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Brandon Coleman Red Clay Strays
