Condonation Fees for non-filing of form 108

This query is : Resolved

Querier (Querist)
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07 June 2021 Dear sir / madam,

This is about compliance with articleship formalities. So in my friend case, form 108 (For completion of articleship period) has been submitted for the normal articleship period but form 108 for an extended period of 70 days has been missed due to covid 19 and closure of office for the past year

Now while filing the said form, a condonation fee of 10,000 is getting levied. So paying such huge fees for merely an extended period is unaffordable

Requested to let me know the way forward and help me out. Any connection with an internal person under the ICAI committee would be great to resolve this

An early revert in this regard would be highly appreciated

Also principal is ready to provide a condonation letter

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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08 June 2021 The delay is more than 365 days. It's better to pay it and get it regularised.
The fee is for condonation of delay, there will be no other way.

Querier

Querier (Querist)
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08 June 2021 Okay sir thanks. Is it possible we can wait for some more days / months and pay off later due to weak financial condition right now. Any worst consequence if not pay and submit till end. keep as it is

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CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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08 June 2021 Yes, wait and pay..... .......

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