Section 137 — Deduction in respect of contributions given by any person to political parties
An assessee, (other than a local authority and an artificial juridical person
wholly or partly funded by the Government), shall be allowed a deduction for
the amount contributed by him, other than by way of cash, during a tax year to a
political party registered under section 29A of the Representation of the People Act,
1951 (43 of 1951), or an electoral trust.
C.—Deductions in respect of certain incomes
Related sections
- Section 122 — Deductions to be made in computing total income
- Section 123 — Deduction for life insurance premia, deferred annuity, contributions to pro-vident fund, etc
- Section 124 — Deduction in respect of employer and assessee contribution to pension scheme of Central Government
- Section 125 — Deduction in respect of contribution to Agnipath Scheme
- Section 126 — Deduction in respect of health insurance premia
- Section 127 — Deduction in respect of maintenance including medical treatment of a dependant who is a person with disability
- Section 128 — Deduction in respect of medical treatment, etc
- Section 129 — Deduction in respect of interest on loan taken for higher education
- Section 130 — Deduction in respect of interest on loan taken for residential house property
- Section 131 — Deduction in respect of interest on loan taken for certain house property
- Section 132 — Deduction in respect of purchase of electric vehicle
- Section 133 — Deduction in respect of donations to certain funds, charitable institutions, etc
- Section 134 — Deductions in respect of rents paid
- Section 135 — Deduction in respect of certain donations for scientific research or rural development
- Section 136 — Deduction in respect of contributions given by companies to political parties
- Section 138 — Deductions in respect of profits and gains from industrial undertakings or enterprises engaged in infrastructure development, etc
- Section 139 — Deductions in respect of profits and gains by an undertaking or enterprise engaged in development of Special Economic Zone
- Section 140 — Special provision in respect of specified business
- Section 141 — Deduction in respect of profits and gains from certain industrial under-takings
- Section 142 — Deductions in respect of profits and gains from housing projects
- Section 143 — Special provisions in respect of certain undertakings in North-Eastern States
- Section 144 — Special provisions in respect of newly established Units in Special Economic Zones
- Section 145 — Deduction for businesses engaged in collecting and processing of bio-de - gradable waste
- Section 146 — Deduction in respect of additional employee cost
- Section 147 — Deductions for income of Offshore Banking Units and Units of International Financial Services Centre
- Section 148 — Deduction in respect of certain inter-corporate dividends
- Section 149 — Deduction in respect of income of co-operative societies
- Section 150 — Deduction in respect of income of federal co-operative
- Section 151 — Deduction in respect of royalty income, etc., of authors of certain books other than text-books
- Section 152 — Deduction in respect of royalty on patents
- Section 153 — Deduction for interest on deposits
- Section 154 — Deduction in case of a person with disability