Considering the various requests and challenges being faced by the Members of ICAI due to Covid-19, it has been decided by Professional Development Committee of The Institute of Chartered Accountants of India (ICAI) to extend the last date for submission of online Multipurpose Empanelment Form along with the Declaration for the year 2020-21. The last date is extended from 12th October 2020 to 23rd October 2020.
It is further informed that while submission of Financial Documents, there is no requirement for submitting the Financial Statements i.e. Balance Sheets and Income & Expenditure Account for the applicants who have opted for the Presumptive Taxation Scheme under Section 44ADA of Income Tax Act, 1961 and have filed their ITR accordingly for the financial year 2018-19. The option in this regard has been included in the Financial Documents Tab in MEF for the members to select. The Multipurpose Empanelment Form for the year 2020-21 is live at https://meficai.org.
