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 clearing system .....

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..... ead 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 such books of account and other documents, maintains a record of .....

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..... -section (4B) of section 139 on or before the due date as per section 139. It is further proposed to provide that any contributions received by way of electoral bond shall be excluded from reporting as per clause (b) of said section. It is also proposed to define the expression electoral bond . These amendments will take effect from 1st April, 2018 and will, accordingly, apply in relation to the a .....

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