Vidyalelo
Commerce · Q358

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 358

Q358

Deduction in respect of contribution to political party will . . . . . . . .

A.
Be allowed in respect of sum paid by way of cash
B.
Not be allowed if payment made in cash
Answer
C.
This type of deduction is not allowed whether payment is in cash or not
D.
Be allowed if payment made in cash, subject to certain conditions

Answer: Option B

Solution

Answer: Option B
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