ICAI waives off condonation fees on article forms

Last updated: 21 April 2020

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The Institute of Chartered Accountants of India (ICAI) has announced a waiver of condonation fees for delayed filing of application forms related to articled or practical training. This decision was made in light of the difficulties students faced during the COVID-19 lockdown in submitting forms online within the usual deadlines. The waiver applies to applications where the transaction date falls between 1st March 2020 and 30th May 2020, with the extended deadline for submission being 30th June 2020.

In the view of the outbreak of the COVID-19 pandemic, the Institute of Chartered Accountant of India has decided to waive off the condonation fees on the delayed filing of application forms for articled/practical training. Such a waiver is given till the 30th of June 2020.

Important Announcement
COVID -19

Due to ongoing period of lockdown amid Covid-19, it has been observed that students are facing problems in online filing of various application forms related to practical training within prescribed time and such delay is causing levy of condonation fee upon them.

Considering hardship faced by the students, it has been decided to waive off condonation fee on delay filing of all articled/industrial training related application forms till 30th June 2020 if transaction date in such application forms falls between 1st March 2020 to 30th May 2020. This period includes one-month prescribed time limit given in general.

Additional Secretary
M&C-MSS SECTION
ICAI

FAQ :

The ICAI has decided to waive off condonation fees on the delayed filing of application forms for articled/practical training.

The decision was made due to the outbreak of the COVID-19 pandemic and the resulting lockdown, which caused problems for students in filing their application forms online within the prescribed time.

The waiver is applicable for application forms where the transaction date falls between 1st March 2020 and 30th May 2020.

The condonation fees are waived off until 30th June 2020 for eligible applications.

Yes, the period for the waiver includes the one-month prescribed time limit generally given for these forms.

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