# The Finance Act, 2017, Section 11: Amendment of section 13A

- Act: The Finance Act, 2017
- Ministry: Ministry of Finance
- Source URL: https://indiacode.ecourtsindia.com/finance-act-2017/section/11/

## Text

Amendment of section 13A. 11. In section 13A of the Income-tax Act, with effect from the 1st day of April, 2018,— (I) | in the first proviso,— (i) | in clause (b),— (A) | after the words "such voluntary contribution", the words "other than contribution by way of electoral bond" shall be inserted; (B) | the word "and" occurring at the end shall be omitted; (ii) | in clause (c), the word "; and" shall be inserted at the end; (iii) | after clause (c), the following clause shall be inserted, namely:— '(d) | no donation exceeding two thousand rupees is received by such political party otherwise than by an account payee cheque drawn on a bank or an account payee bank draft or use of electronic clearing system through a bank account or through electoral bond. Explanation.—For the purposes of this proviso, "electoral bond" means a bond referred to in the Explanation to sub-section (3) of section 31 of the Reserve Bank of India Act, 1934 (2 of 1934).'; (II) | after the second proviso, the following proviso shall be inserted, namely:— "Provided also that such political party furnishes a return of income for the previous year in accordance with the provisions of sub-section (4B) of section 139 on or before the due date under that section.".

---
Published by eCourtsIndia together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957.