Mera Samvidhaan All of Income-tax Act, 2025

Chapter VIII · Deductions to Be Made in Computing Total Income

137Deduction in respect of contributions given by any person to political parties.

Section 137 · Chapter VIII · B.—Deductions in respect of certain payments · page 174 of the Act

An assessee, (other than a local authority and an artificial juridical person wholly or partly funded by the Government), shall be allowed a deduction for the amount contributed by him, 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.

Section 137 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.