Under the Income-tax Act, 1961, which of the following can claim deduction for any sum contributed during the previous year to a political party or electoral trust –
A. Local authority
B. Individual
C. Artificial juridical person
D. None of the above
Answer:B
Under the Income-tax Act, 1961, which of the following can claim deduction for any sum contributed during the previous year to a political party or electoral trust –
A. Local authority B. Individual C. Artificial juridical person D. None of the above