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Donation by a trust to political party.

Aditya Sharma (finance advisory) (377 Points)

13 November 2018

Is there any limit on amount of donation by a Trust to a political party??

If yes, than under which section??

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3 Replies

rama krishnan (12244 Points)
Replied 13 November 2018

there's no limit but donations made in excess of 2000 by way of cash is not eligible for deduction

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Shobhit Jain (CA) (4896 Points)
Replied 13 November 2018

Originally posted by : rama krishnan
	there's no limit but donations made in excess of 2000 by way of cash is not eligible for deduction

Agree

Nitesh bind (Student CA Final ) (12692 Points)
Replied 14 November 2018

There is No limit on Giving donation but the Tax Deduction would be affected as follows:

In hands of Doner (Trust as mentioned by you):

Deduction would be allowed under section 80GGC for the donation made to political parties/electoral trust. BUT If anything is given in cash that would be Disallowed for 80GGC.

In hands of Political Parties/Electoral Trust:-

Any amount of donation received in Cash above 2000/- shall be Disallowed in their hands. But Upto 2000 cash donation can be accepted by them.

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