Insertion of new section 13B.

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..... ns received by an electoral trust shall not be included in the total income of the previous year of such electoral trust, if— (a) such electoral trust distributes to any political party, registered under section 29A of the Representation of the People Act, 1951 (43 of 1951), during the said previous year, ninety-five per cent. of the aggregate donations received by it during the said previous ye .....

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..... any, brought forward from any earlier previous year; and (b) such electoral trust functions in accordance with the rules made in this regard by the Central Government. This amendment will take effect from1st April, 2010 and will, accordingly, apply in relation to the assessment year 2010-2011 and subsequent years. - statute, statutory provisions legislation, law, enactment, Acts, Rules, Reg .....

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