Preview

Income of a Political Party

Powerful Essays
Open Document
Open Document
1300 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Income of a Political Party
PRADEEP KUMAR CHAMBER:- ADVOCATE 124, 3RD FLOOR,
MOBILE : +91-9934830641 BAR COUNCIL BHAWAN, PATNA HIGH COURT, PATNA – 800 001. Email : pkadvoc@yahoo.com
***************************************************************************

Income of a Political Party - Whether taxable under Income Tax Law in India

What is a Political Party ?

A political party means a political party registered under section 29-A of the Representation of the People Act, 1951.

Section 29-A of the Representation of the People Act, 1951 deals with the Registration with the Election Commission of associations or body of individual citizens of India calling itself a political party and intending to avail itself of the provisions of part IV- A are required to submit an application to the Election Commission for its registration as a political party for the purposes of the Representation of the People Act, 1951. Every such application has to be submitted within thirty days of the date of its formation. The application has to be signed by the Chief Executive Officer. The Chief Executive Officer may be known as secretary or by any other designation. Such application duly signed by the Chief Executive Officer has to be presented to the Secretary to the Commission. The application may be sent by registered post also. The application shall contain the following particulars, namely, :-

(i) the name of the association or body;
(ii) the State in which its head office is situate;
(iii) the address to which letters and other
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Good Essays

    The Pros And Cons Of Party Funding
    • 561 Words
    • 3 Pages

    The Pros And Cons Of Party Funding

    Party funding has been a controversial subject. On the one hand limitations to party funding would mean that parties would be constricted and possibly unable to spread campaign messages, but without limitation there is a danger of corruption through the promise of donation for political favours. For example, before the 2010 election, accountancy firms donated money to the conservative party in the hopes that in return they would be able to establish government contracts. Tony Blair was also involved with a scandal which suggested that he had taken a £1 million donation in return of exempting Formula one form the ban on the advertisement of tobacco. Despite there being legislation created by parliament to prevent these activities there has still been incidents of foul play.…

    • 561 Words
    • 3 Pages
    Good Essays
    Read More
  • Good Essays

    How Does Australian Parliament Make Laws
    • 592 Words
    • 3 Pages

    How Does Australian Parliament Make Laws

    A political party affiliates it's self with specific views and moral and promises to initiate or support certain legislations to its supporters. When candidates become members of either the Senate or House of Representatives they are morally obliged to uphold these view but are not confined to them.…

    • 592 Words
    • 3 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Pros And Cons Of Political Parties
    • 204 Words
    • 1 Page

    Pros And Cons Of Political Parties

    A political party is an organization that seeks political power by presenting and electing its candidates to office so their philosophy and positions become public policy. During and between elections, a political party plays a fundamental roles in strengthening democratic regimes.…

    • 204 Words
    • 1 Page
    Satisfactory Essays
    Read More
  • Good Essays

    Political System: Henry Clay And The American System
    • 990 Words
    • 4 Pages

    Political System: Henry Clay And The American System

    The political party system in the United States that existed from 1828-1854, after the first party system.…

    • 990 Words
    • 4 Pages
    Good Essays
    Read More
  • Powerful Essays

    Three Branches Of State Government
    • 1034 Words
    • 5 Pages

    Three Branches Of State Government

    Political parties is an organized group with shared goals and ideals that joins together to run candidates for office and exercise political and electoral powers. Often political parties achieves their common goals by gaining political power and using it. Meanwhile, Interest group is a group of people who try to influence policymakers in order to achieve their common goals. Interest groups usually works for the interest of the public, where they either work to support a decision taken by the ruling party or to oppose it. Overall, political parties tend to work much more in agreements, while the interest groups seem to work for certain interests.…

    • 1034 Words
    • 5 Pages
    Powerful Essays
    Read More
  • Good Essays

    political party dbq
    • 668 Words
    • 3 Pages

    political party dbq

    In the election of 1796 there was evidence of clear distinction of a new formation of political parties in the United States. This new political division would have a lasting effect on the future of U.S. politics. What was the cause of this division? In the administration of Washington and Adam’s the nation was being divided by the positions being taken on issues of emerging political factions. The issues of foreign affairs, ratification of the constitution, and Hamilton’s Fiscal program dictated the formation of new political parties.…

    • 668 Words
    • 3 Pages
    Good Essays
    Read More
  • Powerful Essays

    Comparing Two Political Parties
    • 910 Words
    • 4 Pages

    Comparing Two Political Parties

    The US politics has two major parties - the Republicans and the Democrats. These two parties play a very important role in the…

    • 910 Words
    • 4 Pages
    Powerful Essays
    Read More
  • Good Essays

    The Two-Party System In The United States
    • 620 Words
    • 3 Pages

    The Two-Party System In The United States

    A party system is a concept in comparative political science concerning the system of government by political parties in a democratic country. Political parties have basic similarities; they control the government, have a stable base of mass popular support, and create internal mechanisms for controlling funding, information and nominations. The United States is a two-party system. This is where two major political parties dominate politics within a government. One of the two parties holds a majority in the legislature and usually referred to as the majority party white the other is the minority party.…

    • 620 Words
    • 3 Pages
    Good Essays
    Read More
  • Satisfactory Essays

    Government Basic Questions
    • 490 Words
    • 2 Pages

    Government Basic Questions

    What is a political party? What is the difference between a party and an interest group?…

    • 490 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Good Essays

    How Do Interest Groups Influence Elections
    • 612 Words
    • 3 Pages

    How Do Interest Groups Influence Elections

    The fundamental goal of political parties is to get people elected to office. They select a candidate that represents their beliefs and will carry out their political agenda.…

    • 612 Words
    • 3 Pages
    Good Essays
    Read More
  • Good Essays

    Political Socialization
    • 578 Words
    • 3 Pages

    Political Socialization

    Political Party: an organization devoted to winning office in elections and exercising control over policy making…

    • 578 Words
    • 3 Pages
    Good Essays
    Read More
  • Good Essays

    Elections and campaign funding
    • 714 Words
    • 3 Pages

    Elections and campaign funding

    The articles I chose focus on congressional elections and campaign funding. The Supreme Court recently lifted the cap on amount donors can contribute in a congressional election. The courts decision threw out the $74,600 limit for donations to political parties and the $48,600 limit for House or Senate candidates in a two-year campaign season. However donors still cannot contribute more than $5,200 to a single candidate per election, but without the overall caps, those who can afford it can have an enormous influence by donating to many candidates. Donors could contribute up to 3.6 million dollars by giving to all 435 House candidates and the 33 candidates for Senate seats up for election, as well as each party’s national committees. Under current election laws the parties could redistribute the money, possibly even using the entire amount to benefit one candidate. Critic believe this could lead to a consolidation of political power to a wealthy few, as well as the party’s leaders, resulting in improper influence on Capitol Hill (L.A. Times). We already know that party officials and candidates will solicit these large contributions from wealthy donors because such contributions will help increase the party’s power, as well as candidates standing among his colleagues.…

    • 714 Words
    • 3 Pages
    Good Essays
    Read More
  • Good Essays

    Governing and Politics Induction
    • 1614 Words
    • 7 Pages

    Governing and Politics Induction

    In this unit candidates are expected to show knowledge and understanding of parties, party systems and pressure groups in the United Kingdom as well as electoral systems, parliamentary elections and voting behaviour. Candidates will need a basic working knowledge of concepts such as democracy, participation and representation. They must also be aware of current political developments and be able to interpret and evaluate data. Political parties (mandatory) Concepts: representative government; responsible government; democracy; power, authority; influence. Political parties Definition;…

    • 1614 Words
    • 7 Pages
    Good Essays
    Read More
  • Better Essays

    ARGUEMENTS FOR AND AGAINST STATE FUNDING
    • 1475 Words
    • 5 Pages

    ARGUEMENTS FOR AND AGAINST STATE FUNDING

    Political party funding has been a source of controversy over recent years. Political parties could be funded through membership subscriptions,donations from individuals and companies,and through state funding. Over recent years there has been a lot of contention over the funds political parties receive from private donors such has Lord Ashcroft,the Conservative parties biggest donor and the Lib dem's acceptance of a £2.4 million from the company of a known fraudster,cases such has this has prompted debates for political parties to be funded by the state,Moreover the the funds from members subscriptions has become monetary irrelevant to rely upon. The means of funding used by political parties in the UK has various issues which either is not competent enough to support the parties financially or cannot do so without steering a lot of controversies which has resulted to stronger arguments supporting funding of political parties by the state.…

    • 1475 Words
    • 5 Pages
    Better Essays
    Read More
  • Satisfactory Essays

    TC7 Solution manual
    • 260 Words
    • 3 Pages

    TC7 Solution manual

    Please fill in the Registration form and send to the Congress Registration Secretariat not later than October 30,…

    • 260 Words
    • 3 Pages
    Satisfactory Essays
    Read More

Related Topics