Home |Electoral Bond Scheme | Does a Political Party get any Tax Benefit on Electoral Bond?

Does a Political Party get any Tax Benefit on Electoral Bond?

Answer Notify Me - 1 Notifying - 2



Sidharth Sidharth
Answered on February 19,2020

No. The face value of the Electoral Bond shall be counted as income by way of voluntary contributions received by an eligible Political Party, for the purpose of exemption from Income-Tax under Section 13A of the Income Tax Act, 1961.

Clap Clap 10
Share Share Answer Share Share
Views 39 views
tesz.in
Hey , can you help?
Answer this question

    • Related Questions