ICAI further extends last date for waiving-off Condonation Fees amidst COVID-19 Pandemic


Quick Summary
The Institute of Chartered Accountants of India (ICAI) has announced a further extension for waiving condonation fees related to late filing of student and articled assistant applications. This extension, from March 31, 2021, to June 30, 2021, aims to help those still facing challenges with online submissions due to the ongoing COVID-19 pandemic. The decision acknowledges difficulties such as obtaining necessary documentation and pursuing further education.

The Institute of Chartered Accountants of India has further extended the last date for Waiving-off Condonation Fees due to late filing of various application forms related to Students and Articled Assistants, amid COVID-19 Pandemic from 31st March 2021 to 30th June 2021. Read the official announcement below:

M&C-MSS Directorate
The Institute of Chartered Accountants of India
26th April, 2021

Important Announcement

Further extension of the last date for Waiving-off Condonation Fees due to late filing of various application forms related to Students and Articled Assistants, amidst COVID-19 Pandemic

ICAI Extends Condonation Fee Waiver Deadline to June 30

Amid the current situation arising out of Covid-19, it is observed that some of the Students/Articled Assistants are still facing difficulties in online filing of prescribed applications forms for various activities e.g. filing of Form 102/103 for registration of articleship due to non-availability of non-judicial stamp papers for the execution of articleship deed, Form 112 seeking permission to pursue another course due to closure of academic institutions, etc.

It is causing delay in online submission of application forms inviting levy of Condonation fees under the relevant Regulatory provisions.

Considering the difficulties being faced by such Students/Articled Assistants, it has been decided to further extend the last date of waiving–off Condonation Fees from 31st March, 2021 to 30th June, 2021. All transaction dates falling between 1st April, 2020 to 30th June, 2021 shall be considered. This period includes one-month prescribed time limit given in general.

Additional Secretary
M&C-MSS Directorate
ICAI

P.S: Necessary changes are being incorporated in the SSP System and the System would be ready by 1st May 2021 with exemption of Condonation fee as above. Please bear with us.

FAQ :

The last date for waiving condonation fees has been extended to June 30, 2021.

The extension is due to difficulties faced by students and articled assistants in filing applications online amidst the COVID-19 pandemic.

This extension applies to various application forms for students and articled assistants, such as those for registration of articleship or seeking permission to pursue another course.

All transaction dates falling between April 1, 2020, and June 30, 2021, will be considered for the waiver.

The SSP System will be updated and ready by May 1, 2021, to incorporate the exemption of condonation fees.




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