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ICAI Announcement For Further Extensions Regarding the validity of Peer Review Certificate

Peer Review Board
The Institute of Chartered Accountants of India
22nd July, 2021

ANNOUNCEMENT

Sub: Further extensions regarding the validity of Peer Review Certificate in the wake of COVID -19 spurt across the country (22-07-2021)

In view of the fact that the pandemic is still continuing and several parts of the country are under partial lockdown and considering the requests received in this regard, the Board has decided to grant relief to the practice units by extending the expiry date of peer review certificate having original expiry date falling anytime from 1st July 2021 to 31st July 2021 till 31st August 2021 i.e. cases where no extension benefit has been availed as per any of the earlier announcements of the Board.

However, in case where reviewer has already submitted the report in respect of a Practice Unit falling in aforesaid category, which is considered by the Board and found complete upto 31st August, 2021 the peer review certificate shall be issued in continuation of previous certificate.

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