Section 182 contribution to political parties
This query is : Resolved
01 October 2017
Is it true that limit of contribution to political party of 7.5% is removed and a company can contribute any amount to them???
And the same amendment is applicable in November 2017 ca final exams??
And the same amendment is applicable in November 2017 ca final exams??
Gokul Sharma
(Expert)
01 October 2017
Yes.....%age limit is removed. condition is only that co should be in existence in 3 years or more. Refer RTP issued by ICAI
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