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Lok Sabha Polls: Income Tax Officers to monitor Election Expenditure

Taxscan Team

In order to keep a close watch on election expenditure, the income tax department has deployed around 400 officers in Gujarat. This is to check the...

CBDT Advisory prohibiting Cash Transactions above Limits

Govt to start Fifth Phase of Electoral Bond Scheme to Start from 1st October

Second Phase of Electoral Bond Scheme to Start from 2nd April: Finance Ministry

Breaking: Govt Notifies Electoral Bond Scheme allowing Political Donor to Purchase Bonds from...

Budget 2017: Political Parties cannot receive donation above Rs. 2,000 in cash from one person

Political Parties entitled to receive donations by cheque or digital mode from their donors; Have to file its Income-Tax Return within the prescribed time limit. The Union Minister for...

SC dismisses Plea Challenging Income Tax Exemption to Political Parties

The Supreme Court of India today dismissed the petition challenging the provisions of the Income Tax Act and the Representation of Peoples Act giving tax exemption to the political parties. The...

SC to hear Plea challenging Exemption to Political Parties

A writ petition challenging the provisions of the Income Tax Act and the Representation of Peoples Act giving tax exemption to the political parties has been filed before the Supreme Court. The...