Income Tax Law
Income-tax Act, 2025 · Part B — Deductions in respect of certain payments
Section 137Deduction in respect of contributions given by any person to political parties
Income-tax Act, 2025 (30 of 2025)
An assessee, (other than a local authority and an artificial juridical person wholly or partly funded by the Government), shall be allowed a deduction for the amount contributed by him, other than by way of cash, during a tax year to a political party registered under section 29A of the Representation of the People Act, 1951 (43 of 1951), or an electoral trust.
This section refers to
§ 29 Deductions related to employee welfare
Referenced by