IT department verifying Section 80GGC Political Donation deduction: What to Do?
The Income Tax Department has recently begun sending SMS alerts to salaried taxpayers who claimed deductions under Section 80GGC in the last three assessment years (AY 22-23, 23-24, and 24-25). Section 80GGC of the Income Tax Act, 1961, allows individuals to claim a deduction for contributions made to registered political parties or electoral trusts, provided the payment is made through non-cash modes such as cheques, drafts, or electronic transfers.