Changing Prospective Restoration of ICAI Membership/ COP to Retrospective Restoration
Recently, ICAI had allowed retrospective restoration of ICAI Membership/ COP for 2019-2020 and it was announced that Form 9 and Form 101 for retrospective restoration of membership / certificate of practice for the year 2019-2020 can now be submitted by filing until the midnight of 31st May 2020.
However, there could have been members who had already paid fees for prospective restoration during the current year.
In view of this, ICAI has today announced that such members to take benefit of the retrospective restoration, may request ICAI to adjust the fees for the previous year.
In such a scenario, the fees paid will be adjusted for the previous year 2019-20 and the fee for 2020-21 will be due thereafter.
Members may apply for change of their prospective restoration of Membership/COP to retrospective restoration by sending a request to mss.restoration@icai.in latest by 31st May 2020 giving details of name, membership no, date of prospective restoration and firm`s association, etc.
Form 26 to replace Form 3CD of tax audit report from Tax Year 2026-27 Draft Form 26 has been issued…
When AO do not make any addition on the basis of the reasons on which the reopening was done, the…
Under MV Act separate compensation can not be granted under the head “loss of love and affection” – Supreme Court…
Trust accredited by National Institute of Open Schooling eligible for registration u/s.12AB and u/s 80G of the Act. In a…
Delay in furnishing Form 10B – Period between 15.03.2020 till 20.08.2022 to be excluded as per decision of Hon'ble Supreme…
Section 271AAB does not grant any immunity from penalty even if the assessee was able to show some reasonable cause…