For the welfare of students registered with the Institute, a Trust in the name of Chartered Accountants Students Benevolent Fund has been set up with the aims and objects to give financial aid, welfare measures including medical aid, to establish hostels, grant fellowships or scholarships for higher studies or research in accountancy, auditing and / or allied areas, establishing training and computer centers, providing insurance coverage and such other acts / functions which are not for commercial gain or profit motive.
In order to take up activities as stated above, the articled assistants are urged to contribute a sum equivalent to their one month’s stipend towards Chartered Accountants Students Benevolent Fund on voluntary basis.
The contribution may be sent by way of demand draft / cheque payable at New Delhi drawn in favour of “Chartered Accountants Students Benevolent Fund” and to be sent to the following address.
The Member Secretary
Chartered Accountants Students Benevolent Fund
The Institute of Chartered Accountants of India
ICAI BHAWAN
Indraprastha Marg, New Delhi – 110 002
The contribution so received will be gratefully acknowledged. The income tax authorities have been requested to register the Chartered Accountants Students Benevolent Fund for the purpose of exemption under Section 80(G).
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