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Donation by a trust to political party.


Aditya Sharma (finance advisory)     13 November 2018

Aditya Sharma
finance advisory 
 12 likes  372 points

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Is there any limit on amount of donation by a Trust to a political party??

If yes, than under which section??

avater

rama krishnan   13 November 2018

rama krishnan

 955 likes  10365 points

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there's no limit but donations made in excess of 2000 by way of cash is not eligible for deduction

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Shobhit Jain (Founder at Arhad Consultancy)     13 November 2018

Shobhit Jain
Founder at Arhad Consultancy 
 388 likes  4845 points

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Originally posted by : rama krishnan
there's no limit but donations made in excess of 2000 by way of cash is not eligible for deduction

Agree

avater

Nitesh bind (Student CA Final )     14 November 2018

Nitesh bind
Student CA Final  
 1883 likes  12672 points

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There is No limit on Giving donation but the Tax Deduction would be affected as follows:

In hands of Doner (Trust as mentioned by you):

Deduction would be allowed under section 80GGC for the donation made to political parties/electoral trust. BUT If anything is given in cash that would be Disallowed for 80GGC.

In hands of Political Parties/Electoral Trust:-

Any amount of donation received in Cash above 2000/- shall be Disallowed in their hands. But Upto 2000 cash donation can be accepted by them.

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