CA Day celebration 2024 Easy Office
LCI Learning

donation to political party

This query is : Resolved 

03 September 2010 Sir,
Is donation to political party allowed deduction u\h PGBP
or
only u\s 80GGB

03 September 2010 disallowed u/s 37(2B) and allowable u/s 80GGB.

03 September 2010 There is no provision under PGBP for disallowing political party contribution. Even Sec 37(2B) applies advertisement in the souvenir , brochure of Political Party.

Since Deduction U/s 80GGB is available it can be availed through the 80GGB.


03 September 2010 advertising expenses to political parties disallowable.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query