Rule 289: an individual who is a citizen of India; or
Is rule Income-tax Act, 2025 ke provisions ko implement karne ke liye banaya gaya hai. Isme an individual who is a citizen of india; or ki vidhi aur sharten samjhai gayi hain.
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Bare law
Rule 289 - an individual who is a citizen of India; or
289. (1) An electoral trust referred to in Schedule VIII [Table: Sl. No. 2] to the Act shall function in accordance with the provisions of this rule. (2) The electoral trust may receive voluntary contributions from— (a) an individual who is a citizen of India; or (b) a company which is registered in India; or (c) a firm or Hindu undivided family or an association of persons or a body of individuals, resident in India. (3) The electoral trust shall accept contributions only by way of an account p
(b) through electronic verification code, in a case not covered under clause (a). (15) An electoral trust shall maintain a regular record of proceedings of all meetings and decisions taken therein. (16) Every electoral trust shall furnish a certified copy of list of contributors and a list of political parties, to whom sums were distributed in the manner specified in sub-rule (8), to the Director General of Income Tax (Systems), every tax year along with the audit report as stipulated under sub-
Report of audit of accounts to be furnished under Schedule IX read with section 48 for deduction for tea development account, coffee development account and rubber development account.
Rule breakdown
289. (1) An electoral trust referred to in Schedule VIII [Table: Sl. No. 2] to the Act shall function in accordance with the provisions of this rule. (2) The electoral trust may receive voluntary contributions from— (a) an individual who is a citizen of India; or (b) a company which is registered in
(b) through electronic verification code, in a case not covered under clause (a). (15) An electoral trust shall maintain a regular record of proceedings of all meetings and decisions taken therein. (16) Every electoral trust shall furnish a certified copy of list of contributors and a list of politi
Report of audit of accounts to be furnished under Schedule IX read with section 48 for deduction for tea development account, coffee development account and rubber development account.
Key takeaways
Professional Advice
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- Accurate filing ke liye expert guidance zaroori hai
Compliance Essentials
Rule ke provisions properly follow karne se future litigation avoid ho sakti hai.
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FAQs
Is rule Income-tax Act, 2025 ke under kaise aata hai?
Is rule Income-tax Rules, 2026 ke under framed hai jo Income-tax Act, 2025 ke provisions implement karti hai.
Is rule kab se applicable hoga?
Is rule 1st April, 2026 se applicable hoga. Jab tak koi amendment nahi aati, yeh current form mein valid rahegi.
Kya CA se help leni chahiye?
Complex provisions ko samajhne aur accurate compliance ke liye apne CA/CS se consult karein. Professional help mistakes kam karti hai.