The Institute of Chartered Accountants of India has decided to waive off condonation fees w.e.f 1st Nov 2020 till 31st Dec 2020 due to the difficulties being faced by such Students, Articled Assistants, Members & Firms. Read the official announcement below:
The Institute of Chartered Accountants of India
31st October, 2020
Amid the current situation arising out of Covid-19, it is observed that some of the students, Articled Assistants, Members & Firms are still facing difficulties in online filing of prescribed applications Forms for various activities due to unfavorable situation.
Further, delay in submission of online application Forms is attracting levy of Condonation fee under the relevant Regulatory Provisions creating hardship for them.
Considering the difficulties being faced by the such Students, Articled Assistants, Members & Firms, it has been decided to waive-off condonation fees w.e.f. 1st November till 31st December 2020. While the said relaxation has been made applicable w.e.f. 1st November 2020; all transactions bearing transactions date falling between1st April 2020 to 31st December 2020 shall also be considered under this scheme.
This period includes one-month prescribed time limit given in general.