political expenses
MoHiT chaudhary (17 Points)
11 June 2017
whether individual person can claim political expenses related to himself.
8 Replies
Sanjay S
(Chartered Accountant)
(1375 Points)
Replied 11 June 2017
An individual can claim deduction only for contributions made to Regd. Political Parties or Electoral Trusts u/s 80GGC.. But payment should not be in cash.
If the political expense you have mentioned.. is not by way of contribution to Regd parties.. then you cant claim any deduction.
MoHiT chaudhary
(17 Points)
Replied 12 June 2017
But my problem is that if such expenditures related to myself MLA elections, whether can i claim?
Sanjay S
(Chartered Accountant)
(1375 Points)
Replied 12 June 2017
No. If expense is not by way of contribution to a regd party.. then you are not allowed to claim dedn...
MoHiT chaudhary
(17 Points)
Replied 12 June 2017
That means i cant claim such huge expenditures if 50 lacs in my itr return
Sanjay S
(Chartered Accountant)
(1375 Points)
Replied 12 June 2017
Yes. Expenditure for meeting personal political expenses cannot be claimed as dedn...regardless of the amount involved.
Besides.. The department may sometimes enquire about the source of funds for such huge political expenses....
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