Allowable to : Any person except local authority and an artificial juridical person wholly or partly funded by the Government.
Corporates cannot avail deduction under this section, they can claim similar deduction u/s. 80GGB
Amount of Deduction: 100% of sum contributed during a previous year to any political party, registered u/s 29A of Representation of the People Act, 1951.
Contributions to an Electoral Trust also eligible for deduction under section 80GGB and 80GGC
Mode of contribution: To be eligible for tax deduction, the contribution should not be made in the form of cash. Donation made in any other form is eligible for deduction.