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Donation by a trust to political party.

Aditya Sharma (finance advisory) (377 Points)

13 November 2018

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

If yes, than under which section??

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3 Replies

rama krishnan (12234 Points)
Replied 13 November 2018

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

Shobhit Jain (CA) (4892 Points)
Replied 13 November 2018

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

Nitesh bind (Student CA Final ) (12692 Points)
Replied 14 November 2018

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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