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Section 80GGC

Latest Articles


Donation to Political Parties: Legal Framework & Tax Implications

Income Tax : Understand the legal framework and tax implications of political donations in India, including key sections like 80GGB, 80GGC, and...

August 16, 2024 2274 Views 0 comment Print

Changes in Latest Income Tax Return (ITR) Forms for FY 2023-24

Income Tax : Explore significant changes in ITR forms for FY 2023-24: deadlines, EVC for audits, reporting modifications, taxation updates, and...

March 26, 2024 10812 Views 0 comment Print

DO anything for NATION i.e. DONATION under Income Tax Act, 1961

Income Tax : Learn about the meaning of donation under the Income Tax Act, 1961, and explore the types of donations, deductions, and conditions...

May 20, 2023 2877 Views 1 comment Print

Income Tax notices to assessee’s making donation to Registered Unrecognized Political Parties (RUPPs)

Income Tax : Explore the recent Income Tax notices targeting donors to Registered Unrecognized Political Parties (RUPPs) for AY 2019-20. Uncove...

May 11, 2023 17106 Views 0 comment Print

Contribution to Political parties for claiming deduction – Do’s & Don’ts

Income Tax : According to the Income Tax Act, 1961, donations made to political parties are eligible for tax deductions. Section 80GGC of the I...

April 12, 2023 57834 Views 1 comment Print


Latest Judiciary


ITAT Upholds Revision: No AO Inquiry on Political Donation Receipts for 80GGC Deduction

Income Tax : ITAT Ahmedabad dismisses appeal against revision order denying 80GGC deduction for donation to a political party, emphasizing the ...

February 15, 2024 2841 Views 0 comment Print


Latest Posts in Section 80GGC

Donation to Political Parties: Legal Framework & Tax Implications

August 16, 2024 2274 Views 0 comment Print

Understand the legal framework and tax implications of political donations in India, including key sections like 80GGB, 80GGC, and the risks of bogus donations.

Changes in Latest Income Tax Return (ITR) Forms for FY 2023-24

March 26, 2024 10812 Views 0 comment Print

Explore significant changes in ITR forms for FY 2023-24: deadlines, EVC for audits, reporting modifications, taxation updates, and more. Stay informed!

ITAT Upholds Revision: No AO Inquiry on Political Donation Receipts for 80GGC Deduction

February 15, 2024 2841 Views 0 comment Print

ITAT Ahmedabad dismisses appeal against revision order denying 80GGC deduction for donation to a political party, emphasizing the need for genuine receipts.

DO anything for NATION i.e. DONATION under Income Tax Act, 1961

May 20, 2023 2877 Views 1 comment Print

Learn about the meaning of donation under the Income Tax Act, 1961, and explore the types of donations, deductions, and conditions for claiming them in India.

Income Tax notices to assessee’s making donation to Registered Unrecognized Political Parties (RUPPs)

May 11, 2023 17106 Views 0 comment Print

Explore the recent Income Tax notices targeting donors to Registered Unrecognized Political Parties (RUPPs) for AY 2019-20. Uncover the issues surrounding these parties, including non-compliance and violation of statutory requirements. Delve into the income tax implications and understand how genuine donors can navigate this challenging situation. Stay informed about recent legal precedents, such as the case of ACIT v. Armee Infotech, providing insights into deduction claims for donations to political parties under section 80GGC.

Contribution to Political parties for claiming deduction – Do’s & Don’ts

April 12, 2023 57834 Views 1 comment Print

According to the Income Tax Act, 1961, donations made to political parties are eligible for tax deductions. Section 80GGC of the Income Tax Act provides tax deductions for contributions made to political parties.

Bogus donations to Political Parties

April 10, 2023 55017 Views 4 comments Print

Income Tax department issued notices to taxpayers who claimed deduction under section 80GGB & 80GGC for donations made to political parties.

Income Tax Deduction in respect of Contribution to Political Parties

March 16, 2023 6333 Views 1 comment Print

Discover tax deductions for contributions to political parties under Sections 80GGB & 80GGC of the Income Tax Act, 1961, including eligibility criteria and quantum of deductions.

Discouragement of Cash Transactions under Various Laws in India

October 8, 2022 5742 Views 0 comment Print

Learn how Indian laws combat cash transactions through measures like demonetization, Benami Transactions Act, and Income-tax Act. Understand penalties and compliance to ensure financial transparency.

Income Tax Provisions relating to Cash Transactions in India

August 12, 2022 14109 Views 0 comment Print

Understand the Income Tax provisions in India regarding cash transactions, including penalties and restrictions on accepting loans or deposits in cash.

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