AGP, AIUDF, BPF feature in PAN discrepancies over political donations
- Jun 25, 2020,
- Updated Jun 25, 2020, 12:48 AM IST
Political parties rely heavily on donations for contesting elections and running their daily affairs. They receive huge sums of money in the form of donations/contributions from corporates or business houses, trusts and individuals. Section 29C of the Representation of the People Act, 1951 mandates that political parties submit their contribution details in excess of Rs 20,000 received from any person or a company to the ECI annually, in such form as may be prescribed, in order to enjoy 100% tax
In Assam, political parties like AGP, BPF and AIUDF names have also cropped up in the discrepancies.
| Regional Party | FY 2014-15 | FY 2015-16 | FY 2016-17 | FY 2017-18 | FY 2019-20 | Total Donations (cr) |
| AGP | 0.18 | 0.006 | 0.412 | NA | NA | 0.6 |
| BPF | NA | NA | 0.33 | NA | NA | 0.33 |
| AIUDF | 0.007 | 0.015 | NA | NA | NA | 0.022 |
This report, prepared by Association for Democratic Reforms (ADR), focuses on the incomplete disclosure of information such as undeclared, incomplete and incorrect PAN provided in the Contributions Reports of Regional Political Parties covering the period from Financial Year 2014-15 to
As per rule 85B of the Conduct of Election Rules, 1961, the Contributions Report is required to be submitted in Form 24A, before the due date for furnishing a return of its income of that financial year under Section 139 of the Income-Tax Act, to the ECI regarding the political parties.
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