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Home > Income Tax Act 2025 > Section-12Last Updated: Feb 13th 2025

Section-12 : Incomes not included in total income of political parties and electoral trusts.

Learn to understand the section-12 as it is, it's help and useful links to follow.

Here onwards, "Act" refers to "Income Tax Act 2025"

New Income Tax Act 2025 Portal

1. Section-12 as per act

  1. In computing the total income of any political party or an electoral trust for a tax year under this Act, any income enumerated in Schedule VIII shall not be included, subject to fulfilment of conditions specified therein.
  2. Wherever the conditions referred to in Schedule VIII are not satisfied in any tax year in respect of any income enumerated in the said Schedule, such income shall be charged to tax under this Act for that tax year.
  3. The Central Government may make rules or issue notifications for the purposes of this section as specified in the Schedule VIII.

2. Help and useful links for Section-12

  1. Income Tax Help Center
  2. Income Tax Act 2025 Home



How to get help from EZTax.in



Disclaimer: This article provides an overview and general guidance, not exhaustive for brevity. Please refer Income Tax Act, GST Act, Companies Act and other tax compliance acts, Rules, and Notifications for details.