Any expenditure incurred by company for promoting family planning among its employee is allowable as deduction. If expenditure is of capital nature, 1/5 of such expenditure is allowed as deduction in previous year and balance is allowed in next four year in equal installment.
Advertisement expenses [sec.37 (2B)]
No deduction is available to assessee in respect of expenditure done on advertisement in any souvernir, brochure, tract, pamphlet, or the like published by political party.
Contribution to a political party is deductible under sec 80GGB or under sec 80GGC.