ICAI extends validity of Peer Review Certificate in the wake of COVID -19 spurt across the country

Last updated: 06 May 2021


In order to mitigate the hardship, the Peer Review Board of the Institute of Chartered Accountants of India has decided to grant an extension to the Peer Review Certificates expiring during the period from 1st April 2021 to 30th June 2021 up to 31st July 2021. Read the official announcement below:

Peer Review Board
The Institute of Chartered Accountants of India
4th May, 2021

ANNOUNCEMENT

Sub: Extension of validity of Peer Review Certificate in the wake of COVID -19 spurt across the country

ICAI extends validity of Peer Review Certificate in the wake of COVID -19 spurt across the country

It has been noted that Practice Units are facing operational break-down due to lockdown imposed by several State Governments across various parts of the country owing to pandemic. Therefore, in order to mitigate the hardship, the Peer Review Board has decided to grant extension to the Peer Review Certificates expiring during the period from 1st April, 2021 to 30th June 2021 up to 31st July 2021. Accordingly, The validity of such certificates shall now be treated as 31st July 2021. However in order to maintain the continuity of validity of certificate, the Practice Units are requested to ensure the submission of completed Final Clean Report to the Board well in advance before 31st July 2021.

Chairman,
Peer Review Board




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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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