Is 80G or any other certificate required to receive donation by political party

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This discussion explores whether political parties require specific Income Tax certificates, such as 80G, 80GGB, or 80GGC, to accept donations. The aim is to enable donors to claim tax deductions. While Section 80GGB allows Indian companies to claim deductions for contributions to political parties, the question remains if parties, like NGOs, need certifications to facilitate these deductions for their donors.

Tax Solution

Tax Solution (Querist)

11 July 2022 Hi,

I have question regarding Income Tax certificate to receive donation by political party.
Is 80G or 80GGB or 80GGC Certificate or any other type of certificate from income tax department required to receive donation by political party ?

So that donner can avail deduction in income tax act.

Please suggest.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

11 July 2022 As per the Section 80GGB of the Income Tax Act 1961, any Indian company that contributes any sum to a political party or an electoral trust registered in India can claim for a deduction for the amount contributed by it.

Tax Solution

Tax Solution (Querist)

13 July 2022 Question is Like NGO requires 80G and 12A certificate, So, is political party also require any certificate like trust or society?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

13 July 2022 See the link.

https://www.incometaxindia.gov.in › ...PDF
920110000000000117.pdf - Income Tax Department

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