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nkpanchal (CA Practice )     31 July 2021

80GGC Donation to Political party

% of deduction available on such donation Us 80GGC 



 2 Replies

Sourav

Sourav (Student)     31 July 2021

Maximum deduction allowed under Section 80GGC is 100%. This means that your entire contribution is fully eligible for tax deduction.
Hari Beldona

Hari Beldona (ACA)     31 July 2021

The section 80GGC of the Income Tax Act allows the deductions from the total income of an individual taxpayer for his/her contributions made towards electoral trust or political party. ... However, the deduction amount allowed should not be more than the total income that is taxable.

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