The Institute of Chartered Accountants of India (ICAI) extended the last date of waiving-off Condonation Fees from 28th February 2021 to 31st March 2021.
Amid the current situation arising out of COVID-19, the Institute observed that some of the Students, Articled Assistants, are still facing difficulties in online filing of prescribed applications Forms for various activities.
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 such Students/Articled Assistants, it has been further decided to extend the last date of waiving –off Condonation Fees from 28th February 2021 to 31st March 2021. All transaction dates falling between1st April 2020 to 31st March 2021 shall be considered. This period includes a one-month prescribed time limit given in general,” the ICAI announced.
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