What is Life Membership of Chartered Accountanat's Benevolent Fund?
Atul h Kaulwar (Article) (91 Points)
23 February 2010What is Life Membership of Chartered Accountanat's Benevolent Fund?
CA. Dashrath Maheshwari
(TaXpert)
(15103 Points)
Replied 23 February 2010
A single payment of Rs.2500/-shall make a person eligible to be admitted as life member of the fund. Thereafter he shall not be liable to pay any amount on account of subscripttion and shall be styled as a Life Member.
Membership subscripttion to CABF can be paid along with annual membership fee. Alternatively it can be paid separately by Local Cheque/DD to the respective decentralized offices or regional offices or HO.
CA. Dashrath Maheshwari
(TaXpert)
(15103 Points)
Replied 23 February 2010
the contributions made by the members are eligible for tax exemption under Section 80-G of Income Tax Act .
CA Huzefa Hamid
(.)
(132 Points)
Replied 08 February 2012
Sir, I recently passed my CA final exams in Nov. 2011 now i am enrolling as member, so at the time of filling form 2 for enrolment as member whether it is mendatory to contribute to CABF or optional ?
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