Meaning

Section 80GGC provides tax deduction against any amount donated to nay political party by an individual.

Eligibility Criteria

• only individual tax payers are allowed to claim deduction.
• Deduction cannot be claimed against any amount donated in cash. Deduction is allowed against donation made in any mode other than cash.
• Donations made only to registered political registered u/s 29A of the Representation of People Act (RPA),1951 and to electroal trust are eligible to claim deduction under this section.

Limit u/s 80GGC

Any amount paid to the political parties and satisfy the eligibility criteria above are eligible to claim 100% deduction of the amount donated.

Tax Benefits New Regime

This deduction is not allowed under the new tax regime.