Mera Samvidhaan All of Income-tax Act, 2025

Chapter VIII · Deductions to Be Made in Computing Total Income

136Deduction in respect of contributions given by companies to political parties.

Section 136 · Chapter VIII · B.—Deductions in respect of certain payments · page 173 of the Act

(1) An assessee, being an Indian company, shall be allowed a deduction for the amount contributed by it, other than by way of cash, during a tax year to a political party registered under section 29A of the Representation of the People Act, 1951 (43 of 1951) or an electoral trust.

(2) For the purposes of this section, the term "contribute", with its grammatical variations and cognate expressions shall have the same meaning as assigned to it in section 182 of the Companies Act, 2013 (18 of 2013).

Section 136 of The Income-tax Act, 2025 is reproduced in full above, as printed by India Code, with its footnotes and amendment markers. Read the whole Act, or browse every Act on Mera Samvidhaan.