15 March 2013
My Chartered Accountant paid donation to The Institute of Chartered Accountant of India for Rs 2500/- in Chartered Accountant Benevolent Fund.He assigned me the work of finding out the exact deduction which is available under Sec 80G (Deduction is there for the amount contributed to ICAI in CABF) out of below four : -
(1.) 100% Deduction without any qualifying limit. (2.) 50% Deduction without any qualifying limit. (3.) 100% Deduction with qualifying limit. (4.) 50% Deduction with qualifying limit.