The voluntary contributions received by an electoral trust during the year is not included in its income

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Question:The voluntary contributions received by an electoral trust during the year is not included in its income

1. When 85% of the contribution is distributed in the year

2. When 95% of the contribution is distributed in the year

3. To the extent of ₹ 10 lakhs

4.To the extent of 50% of contribution or ₹ 100 lakhs whichever is less.

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  1. The voluntary contributions received by an electoral trust during the year is not included in its income
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