Deduction in respect of contributions given by an Indian company to political party or an Electoral Trust (80GGB)
Any sum contributed by an Indian company in the previous year to any political party or to an electoral trust shall be allowed as deduction while computing Total Income.
Deduction in respect of contributions given by any person to political party or an Electoral Trust (80GGC)
Any sum contributed by any person (except local authority and every artificial juridical person wholly or partly funded by the Government) in the previous year to any political party or to an electoral trust shall be allowed as deduction while computing Total Income.