TMI BlogDeduction in respect of contributions to political parties given by companies/ any person - Section 80GGB/80GGCX X X X Extracts X X X X X X X X Extracts X X X X ..... es or electoral trust Who is Eligible? Indian Company 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 Companies Act, 2013. Exceptions Donations made in cash are not allowed fo ..... X X X X Extracts X X X X X X X X Extracts X X X X
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