Further extensions regarding the validity of Peer Review

ICAI– Further extensions regarding the validity of Peer Review Certificate in the wake of COVID -19 spurt across the country (16-10-2020)- Modifications in Part C of the Announcement hosted on 29.5.2020

This is in furtherance to the earlier Announcement dated 29.5.2020 hosted on the website at https://www.icai.org/resource/59761prb48614.pdf. As the Nation is still under the effect of COVID -19 pandemic, members are facing hardships in getting the Peer Review Process completed. Accordingly, the Peer Review Board has granted further extension to Practice Units mentioned under Point no. C . These should be read in conjunction with the Announcement dated 29.5.2020

C. In case of Practice Units already holding a valid Peer Review Certificate but the Peer Review process needs to be initiated #:

If the Peer Review Process needs to be initiated# and the validity of the certificate is expiring after Lockdown till February 28, 2021 the effective date of validity of Peer Review Certificate has been extended to March 31, 2021 and in these cases the Practice units have to get their peer review completed and submit the final clean report* to the Board before March 31, 2021.