ICAI

Changing Prospective Restoration of ICAI Membership/ COP to Retrospective Restoration

Changing Prospective Restoration of ICAI Membership/ COP to Retrospective Restoration

ICAI Announcement on Changing Prospective Restoration 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.

Share

Recent Posts

  • Empanelment

NERIST Arunachal Pradesh invites EoI for Empanelment of Chartered Accountant firm

NERIST Arunachal Pradesh invites EoI for Empanelment of Chartered Accountant firm North Eastern Regional Institute of Science and Technology, (NERIST)…

2 days ago
  • Empanelment

Sibsagar University invites EoI for Appointment of Internal Auditor for 01.08.2024 to 31.03.2026.

Sibsagar University invites Expression of Interest (EOI) for Appointment of Internal Auditor  Sibsagar University invites Expression of Interest (EOI) from reputed…

2 days ago
  • Income Tax

Andhra Pradesh High Court struck down Section 147A of the Income Tax Act, 1961 as unconstitutional

In a recent judgment Andhra Pradesh High Court struck down Section 147A of the Income Tax Act, 1961 as unconstitutional.…

2 days ago
  • consumer-protection

Compensation to borrower upheld as bank did not verify construction progress before loan disbursals to builder

Bank was liable to pay compensation to borrower as it did not verify the progress of construction before loan disbursals…

3 days ago
  • Prevention of Money Laundering Act 2002

No timeline mentioned in PMLA to forward arrest order & material in possession to Adjudicating Authority

No timeline mentioned in PMLA to forward the arrest order and the material in possession to the Adjudicating Authority. It…

3 days ago
  • Income Tax

Release of seized assets if mandatory on completion of 120 days? Question referred to Larger Bench

Whether the release of seized assets is mandatory upon completion of 120 days –High Court refers the case to a…

4 days ago