Deduction for contributions made to political parties or electoral trusts. Available only to individuals. Companies and local authorities cannot claim this deduction.
Key Points
- 100% deduction on total amount donated
- Only individuals can claim (not companies, local authorities)
- Donation must be to a registered political party under Section 29A
- Electoral trusts are also eligible recipients
- Cash donations are NOT eligible
This guide reflects FY 2025-26 (AY 2026-27) and is for general information. Tax rules and limits change, and how they apply depends on your circumstances. It is not professional tax advice; consult a qualified Chartered Accountant before acting.
