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Contributions Given by Companies to Political Parties – Section 80GGB

The amount paid by an Indian company to any political party or electoral trust is allowed as deduction.

The amount paid in respect of advertisement in any publication (souvenir, brochure, trace, phamplet) is also allowed deduction under this section and not under section 37.

Political party means a political party registered under section 29A of the Representation of the People Act, 1951.

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