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.
ITAT allowed increased exemption of Rs. 25 lakhs u/s 10(10A) to non-government employees in view of CBDT retrospective notification. In…
PCIT has revisionary jurisdiction u/s 263 over the cases irrespective of the fact that the relevant assessment was completed physical…
Appellate court interfering with Motor Accidents Claims Tribunal findings on assessment of disability and loss of earning capacity must undertake…
When period of delay is not very huge and involve huge monetary liability on the assessee, a lenient approach should…
Ratification by EoGM of the company can not give legality of the diversion of the fund raised by preferential issue.…
CBIC prescribes procedures for return of export cargo from international waters due to closure of the Strait of Hormuz where…