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Donation: allowable expense or not

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Querist : Anonymous

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Querist : Anonymous (Querist)
08 January 2018 Sir,is donation an allowable deduction for computing income tax?Is donation made to a registered political party allowable deduction?Is there a limit of Rs 2000 on political party donation?
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Renu Goyal

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Renu Goyal (Expert)
08 January 2018 Yes donation is allowable deduction. Donation to political party is allowed u/s 80GGC. However donation should not be made in cash to political party.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
08 January 2018 There is a cap of Rs. 2,000 for donation in cash to political parties.
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Renu Goyal

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Renu Goyal (Expert)
08 January 2018 This cap of 2000 is for 80G and not for 80GGC.

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