As per Section 182 of Companies Act 2013, a company,

Solution

Section 182 – Prohibitions and restrictions regarding political contributions (1) Notwithstanding anything contained in any other provision of this Act, a company, other than a Government company and a company which has been in existence for less than three financial year, may contribute any amount directly or indirectly to any political party: Provided that no such contribution shall be made by a company unless a resolution authorising the making of such contribution is passed at a meeting of the Board of Directors and such resolution shall, subject to the other provisions of this section, be deemed to be justification in law for the making of the contribution authorised by it. Snapshot from study notes of the ixamBee SEBI course covering topic in crisp and easy to remember format Also same Question covered in revision Questions for Companies Act