Do Cash received in excess of 2000 /- even from one person by a political party loose entire benefit under Section 13A
or
only that transaction amount should be treated as income ?
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Exemption under section 13A
Replies (1)
Section 13A has given 100% exemption to political parties on its income from house property, income from other sources, capital gains and voluntary contributions received from any person however, subject to conditions.
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