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    5. Donation given by any person except by Indian company to Political Parties or Electoral Trust is all

    Question

    Donation given by any person except by Indian company to

    Political Parties or Electoral Trust is allowed under which section?
    A 80GGC Correct Answer Incorrect Answer
    B 80GGB Correct Answer Incorrect Answer
    C 80G Correct Answer Incorrect Answer
    D 80C Correct Answer Incorrect Answer

    Solution

    Section 80GGC of the Income Tax Act allows a deduction of 100% of the amount donated to a political party or an electoral trust by any person except an Indian company.

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