FAQs On: ICAI Know Your Member (KYM)

Ayush , Last updated: 24 March 2023  
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1. What is ICAI Know your Member (KYM)?

Ans. ICAI know your member is a newly developed Form in which member is required to provide certain information as desired in the KYM Form on an annual basis online through Self Service Portal login.

2. Who is required to fill KYM form?

Ans. All Active members are required to fill KYM Form annually.

FAQs On: ICAI Know Your Member (KYM)

3. What is the procedure to submit the KYM form?

Ans. The procedure to submit the KYM form is as under:
Login into Self Service Portal -----> click on Member functions -----> KYM Form

4. Is it mandatory to fill KYM Form on annual basis?

Ans. Yes, it is mandatory to fill KYM Form annually before making the annual membership fees.

5. I have opened the KYM Form but it is now not appearing under the member functions tab

Ans. Once the KYM Form is opened but not successfully submitted, the same will be available under Member Module option. Follow the following path:
Login into Self Service Portal ------> click on Member functions -----> KYM Form

6. Which details are required to be filled in the Form?

Ans. You are required to verify the following details and update if there is any change :

  1. Permanent address
  2. Professional address
  3. Current Photo
  4. PAN No.
  5. GST No.,
  6. Designation in Employment ( If applicable )
  7. Self Employed Details ( Those who are neither in practice nor in employment)
  8. Directorship details
  9. Pending cases with Professional Bodies or any court/authority etc.
  10. Declaration for its correctness and Section 8 compliance.

Documentary proofs are also required to be uploaded as required and given in KYM Form.

7. What attachments to provide for proof of Permanent Address?

Ans. Any one of the following document:

  • Driving License,
  • Passport (Front and Back Copy),
  • Voter Id (Election Card),
  • Electricity/ Water/ Gas Bill,
  • Rent Agreement,
  • Bank Statement of last three month (With Stamp)

8. What attachments to provide for proof of professional address?

Ans. Member status wise documents required for updating professional address is mentioned in the chart below.

Sl. No

Member Status

Professional Address

Documents Required

1.

Member not holding COP and also not in employment

Place of Residence

Any one of the following document - Driving License, Passport (Front and Back Copy), Voter Id (Election Card), Electricity/ Water/ Gas Bill, Rent Agreement, Bank Statement of last three month (With Stamp)

2.

Member in Employment (Other Than CA Firm)

If it is the place of Employment or Place of Residence

Certificate of address issued by the Employer

Any one of document- Driving License, Passport (Front and Back), Voter Id (Election Card), Electricity/ Water/ Gas Bill, Rent Agreement, Bank Statement of last three month with stamp

3.

Member Employed as Paid Assistant in CA Firm and not holding COP

Professional Address of Employer

Certificate of address issued by the Employer / CA Firm

4.

Member holding COP and not In- charge of firm or branch

Place of Profession

Any one of document- Electricity/ Water/ Gas Bill, Rent Agreement, Bank Statement of last three month with stamp.

5.

Member holding COP and Head In- charge of firm or a Branch

Address of HO or Branch as the case may be.

Any one of document in favour of the Firm HO / Branch) - Electricity/ Water/ Gas Bill, Rent Agreement, Bank Statement of last three month with stamp.

Note: Member will need to submit the separate application through Firm Module in case of a change.

9. Can I update my employment joining/relieving from KYM form?

Ans. Joining/relieving of employment can be updated only through update employment/engagement option under member module in SSP. You can update the present designation through KYM Form.

10. Can I update my other than India professional/ permanent address from KYM form?

Ans. No You can update the same through Profile Edit form available in Member Module.

11. Can I update my professional address from KYM form if I am In charge of a CA firm?

Ans. Professional address of Head In charge of CA firm can be updated only through Firm module in SSP.

12. Will I receive any intimation if there is any discrepancy in my KYM form?

Ans. If there is any discrepancy or in case of incomplete information provided in KYM form, the application will be sent for “Ask for correction” with remarks. The said application will appear in Pending/Submitted/Ask for correction application under member module in SSP where members are required to update the information or upload the desired documents & then the KYM form has to be re-submitted.

13. Will I receive any confirmation after my KYM Form is approved?

Ans. Members will receive confirmation through E-mail after the KYM Form is approved.

 

14. What is prescribed time for approval of KYM Form?

Ans. Approval of KYM form will take normally 5 to 7 working days.

15. What we should do if any information which is prefilled in KYM form needs correction/ Updation?

Ans. Before submission of the KYM form, Kindly visit the respective Module in SSP Portal for its updation/ Correction. The correct information will reflect in KYM form on its approval from RO.

 

16. I am a partner in CA Firm, can I update my Firm GST no. in the KYM Form?

Ans. Presently, you can update your GST Number obtained in your personal name only in the KYM form. However, modalities are being worked out to accommodate the respective Firm's GSTN.

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Published by

Ayush
(Executive )
Category Professional Resource   Report

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