The Institute of Chartered Accountants of India (ICAI) notified the further extension of the last date from 31st March 2021 to 30th June 2021 for Waiving-off Condonation Fees due to late filing of various application forms related to Students and Articled Assistants, amidst COVID-19 Pandemic.
Amid the current situation arising out of Covid-19, the ICAI 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 a one-month prescribed time limit given in general,” the ICAI said.
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