Rahul & Co. Ltd. paid ₹1,10,000 towards printing of pamphlets of a registered political party in connection with state assembly elections. The expenditure incurred is :

Official answer key: (A), (D). Official source note: As per section 37(2B), specifically considered inadmissible expenditure incurred by an assessee on advertisement in any souvenir, brochure, tract, pamphlet or the like published by a political party. Further, the same will be deductibel u/s 80GGB. Section 80GGB In computing the total income of an assessee, being an Indian company, there shall be deducted any sum contributed by it, in the previous year to any political party or an electoral trust. the word “contribute”, with its grammatical variation, has the meaning assigned to it under section 293A of the Companies Act, 1956 (1 of 1956) which spesicially include expenditure on pamphlets. Therefore, both option A/D are correct.