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
E 80D 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.

Practice Next

Relevant for Exams:

×
×