List of political parties under 80ggc

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August undefined, 2024

Web2 jun. 2024 · List of Political Parties ; Expenditure Reports; Contribution Reports; Annual Audit Reports; Constitutions of Political Parties; Organizational Election; Recognition & De-recognition of parties; Dispute, Merger etc; Misc, Orders, Notices, etc; … Constitutions of Political Parties. Yuvajana Sramika Rythu Congress Party- … Remarks of Political Parties on Revised Draft Transparency Guidlines dated … Candidate/Political Parties Candidate Nomination & other Forms Candidate … Judgement dated 02.01.2024 of the Hon'ble Supreme Court regarding seeking votes … List of Political Parties Year 2010-13. Amendment Notification Dated … Organizational Election of Political Parties ; Organizational Election. Rashtriya … Status of filing of Contribution Report by Political Parties (Recognized National … Status of filing of Annual Audit Report by Political Parties (Recognized National … Web17 jul. 2024 · The following groups are specified under the Section 80GGC to make the political contribution- an individual, a Hindu Undivided Family (HUF), a firm, an AOP or …

Section 80GGA, 80GGB and 80GGC of Income Tax Act

WebRashtriya Lok Dal (AJIT SINGH) 18. TMC (M) Tamil Maanila Congress (Moopnar) 19. LT CONG. Lok Tantric Congress. 20. ABHM. Web11 apr. 2024 · List of All the Political Parties in India 2024: As India has a multi-party system, there are six national parties in the country: AAP, BSP, BJP, Congress, CPI-M, and NPP. Apart from these, India ... how far can a dnd party travel in a day

80GGB - Tax Deduction on Political Contribution

Web10 apr. 2024 · However, in a case where the addition is made under section 115 BBE, the penalty shall be restricted to 10% of the tax. Considering a donation of Rs. 1 Lakh made by the tax payer and in a case where he fails to prove the genuineness of the donation to the political party, the tax outgo including interest and penalty can range between Rs. … Web24 mrt. 2024 · Donation To Political Party Deduction. Here is the list of the 80GGC exemption limit: 100% of a taxpayer’s donation to a registered electoral trust or political party can be claimed. However, since this section is under Chapter VIA deductions, the total deduction cannot surpass the total income of an individual donating. People Also … Web—For the purposes of sections 80GGB and 80GGC, “political party” means a political party registered under section 29A of the Representation of the People Act, 1951 (43 of 1951). 17. Inserted by the Finance (No. 2) Act, 2009, w.e.f. 1-4-2010. 18. Inserted by the Finance Act, 2013, w.e.f. 1-4-2014. hidrate bottle battery life

200 political parties register with EC in 2024; tax exemptions ...

Section 80G Deduction: Tax Benefits on Donation Made to NGO

Web14 jan. 2024 · A party seeking registration under the said Section with the Commission has to submit an application to the Commission within a period of 30 days following the date of its formation as per guidelines prescribed by the Commission in exercise of the powers conferred by Article 324 of the Constitution of India and Section 29A of the … Web4 apr. 2024 · Section 80GGC deals with the benefit to those making donations to a political party. However, all donations to a political party are not eligible for benefit under this … hidrated lime foodWeb2 dagen geleden · Donation to any registered political party bring an income tax deduction under section 80GGC. However, during the raids, it was found that the amount taken as donation through cheque was returned ... hidratec chile

"WebAny Sum contributed by an eligible assessee to any political party (registered u/s 29A of Representation of People Act) or Electoral Trust is eligible for deduction under Income Tax Act, 1961.; No deduction is allowable if contribution/Political Donation is made in cash (applicable from A.Y.2014-15). Eligible assessee means Indian co. and any other person … " - List of political parties under 80ggc

List of political parties under 80ggc

Section 80GGC of Income Tax Act: Tax Benefits on Political …

WebSection 80GGC is a section of the Income Tax Act, 1961 that has provisions for tax deductions of donations or contributions made by an individual taxpayer towards … WebThe acceptable sources of income are voluntary contributions under Representation of Peoples Act (RPA), 1951. Some other income sources are from membership fee, sale of coupons, etc. Section 13A of the RPA provides political parties 100% exemption on income from house property, income from other sources, voluntary contributions and …

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WebExplanation. —For the purposes of sections 80GGB and 80GGC, “political party” means a political party registered under section 29A of the Representation of the People Act, … Web24 sep. 2024 · Donations to charitable organizations and trusts are tax deductible under Section 80G. Section 80GGB allows registered Indian firms to claim tax deductions for donations to political parties. Other taxpayers, such as individuals, HUFs, and corporations, can claim tax deductions for donations given to political parties under …

Web31 mrt. 2024 · Related Party Name PAN: 1: Bhartiya Rashtriya Tantra Party: AAABB3797P: 2: Rashtrawadi Jantaraj Party: AAAJR1481J: 3: Navsarjan Bharat … WebUnder Section 80GGB of the Income Tax Act, 1971 no higher limit should be applied to contributions made to political parties. However, businesses are provided to contribute up to 7.5% of their annual net profit under the Companies Act of 2013. Amount contributed to the political party has to be registered in the profit and loss statement.

Web4 apr. 2024 · Eligibility Criteria Under Section 80GGC 1. Funding Under this section, funding individuals, hindu undivided family (HUF), company, AOP or BOI and an Artificial Juridical Person can make a political contribution. Local authorities or artificial juridical persons wholly or partly funded by the government cannot make a contribution. 2. Benefits Web24 mrt. 2024 · About donation to political party 80ggc limit. Here is the list of the 80GGC exemption limit: 100% of a taxpayer’s donation to a registered electoral trust or political party can be claimed. However, since this section is under Chapter VIA deductions, the total deduction cannot surpass the total income of an individual donating.

Web20 jun. 2024 · Submitted September 28, 2024. List of political parties registered from 01.04.2024 to 19.08.2024. By Political Party Division. 1. United Socialist Party. 2. …

WebSection 80GGC – Individual taxpayers can deduct donations given to an electoral trust or political party from their gross revenue under section 80GGC of the Income Tax Act. The entire donation amount made under Section 80CCG is tax-deductible. The deduction percentage, must not be greater than the overall taxable income. how far can a dog travel in a dayWeb30 jan. 2024 · Section 80GGB and 80GGC of the Income-tax Act, 1961 [1] mainly deals with donations and contributions made by an individual taxpayer and Indian Companies … how far can a door swing into a corridor ibcWeb30 jan. 2024 · Section 80GGB and 80GGC of the Income-tax Act, 1961 [1] mainly deals with donations and contributions made by an individual taxpayer and Indian Companies towards political parties. The cashless amount that is donated to any political party registered under Section 29A is eligible for 100% deductions. Section 80GGB how far can a dog hikeWeb#CASansaar #IncomeTax #80GGC100% Deduction allowed to Individual / Companies by Donation to Political Parties under section 80GGB / 80GGC of the Income Tax A... how far can a dog run into the woodsWeb13 jun. 2024 · Under Section 80 GGC, donations made to the electoral trust are also eligible for claiming the deduction. Any person can receive the donation, except someone … how far can a dog run into the woods riddleWeb10 sep. 2024 · Tax benefits on donations to political parties are available under two sections - namely 80GGB and 80GGC. Deduction under Section 80GGB - Eligible Tax … hidrate incWeb29 mei 2024 · The deduction is allowed to all except. Local Authority. Artificial judicial person partly or wholly funded by Government. Donation made by cash not allowed as deduction. Explanation. —For the purposes of sections 80GGB and 80GGC, "political party" means a political party registered under section 29A of the Representation of the People Act, 1951. how far can a dolphin hear