Political Party Taxation

CA Anoop Kumar Sharma , Last updated: 28 May 2024  
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Lets break down the rules for how political parties are taxed by CG. Basically, if a political party meets four specific conditions, all income earned is tax-free income. However, income from business or professional activities is still subject to taxes. This means that while political parties get r

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Published by

CA Anoop Kumar Sharma
(Accounts Manager)
Category Income Tax   Report

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