Contributions by Companies to Political Parties [Section 80GGB]
An Indian company contributing to a political party or an electoral trust can claim a deduction under this section. However, contributions made in cash are not deductible.
Contributions by persons other than Companies to Political Parties [Section 80GGC]
A deduction is available to any assessee, other than a local authority or an artificial juridical person funded wholly or partly by the Government, for contributions made to a political party or an electoral trust. Contributions made in cash are not eligible for deduction.