Decision of the Council of the Institute regarding cut-off date for condonation of cases for the year 2020-21 (14 Feb 2020)
The Council has decided to extend the due date of submission ofall forms up to 29th February, 2020 and waive all condonation fees for afurther period of 29 days up i.e to 29th February, 2020 as one time measure.
This condonation would also automatically allow cut-off for CAG and MEF Empanelment for the year 2020-21 till 29th February, 2020 instead of 31st January, 2020.
In view of above, the cut-off date of 31st Jan. forcondonation considered for Empanelment in the C&AG Panel prepared by officeof C&AG and Bank Branch Auditors’ Panel prepared by ICAI as per thedecision of the 242nd meeting of the Council, for the year2020-21 only may be considered as:
“For the purposes of Empanelment in theC&AG Panel prepared by office of C&AG and Bank Branch Auditors’ Panelprepared by ICAI (for which Constitution Certificates as on 1st January, 2020are issued every year), no condonation of delay in submission of Form 18 beyond29th Feb., 2020 for the preceding the financial year under auditwill be done by the Institute”.