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Topic: Companies Act
Section 80GGB and 80GGC: Deduction of Political Contribution
Pravin | 1 year ago
[googleads_betweenposts] Section 80GGB of Income Tax Act Any contributions by an Indian company to any political parties or an electoral trust shall be eligible for deduction while computing total income (Profit and Loss a/c). The company should maintain proof of such expenditure. Contributi...