Due Date to submit Know Your Member (KYM) 2023-24 Form soon: Know Complete Details

The Institute of Chartered Accountants of India (ICAI) Know Your Member (KYM) is a newly developed Form in which members are required to provide specific information in the KYM Form on an annual basis online via Self Service Portal login. The application must be submitted before the membership fee is due.

KYM form is available in the Self Service Portal under ‘Member Functions’. Kindly note that Members can make the Annual Fees payment only after submission of KYM Form. However, Members need not wait for approval of KYM for Annual Fees Payment. The last date to pay the membership fee is September 30, 2023.

Members who have not yet submitted their Know Your Member(KYM) may please submit the same & proceed to pay Membership/COP Fees without waiting for KYM approval through ICAI SSP

FAQ’s relating to ICAI Know Your Member (KYM)

Q1.What is ICAI Know your Member (KYM) ?

Ans. ICAI Know Your Member (KYM) 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.

Q.2. Who is required to fill KYM form ?

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

Q.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

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

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

Q.5. I have tried to fill the KYM Form earlier, but it is now not appearing under member functions?

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

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

Ans. You are required to update the following and upload the prescribed documents :

• PAN No. along with Proof (If already not updated)
• GST No. along with Proof ( If already not updated)
• Residential Address along with supporting document.
• Latest passport size official Photograph
• Designation in Employment ( If applicable )
• Self Employed Details (Those who are neither in practice nor in employment)
• Professional Address along with supporting document
• Independent Directorship details
• Pending cases details with Professional Bodies or any court/authority etc. , if applicable
  10. Declaration for its correctness and Section 8 compliance.

Q.7. What documents are required to be uploaded for Residential Address as address Proof ?

Ans : Any one of the following documents –

• Driving License,
• Passport (Both Front and Back Page),
• Voter Id (Election Card), (Both Front and Back Page),
• Electricity/ Water/ Gas Bill not more than 3 months old.)
• Property Tax Receipt
• Rent Agreement ( Should be on Stamp Paper and should not be expired)
• Bank Statement not older than 3 months (Statement of your Individual name only)
• In case, you are residing with your parents or relatives, you can upload the electricity/water/Gas Bill/ Property Tax Receipt Documents of your relatives along with permission letter from them.(Format Attached).

Q.8. What documents are required to be uploaded as a identity Proof ?

Ans : Any one of the following documents –

• Driving License (Should not expired)
• Passport (Front and Back Copy and should not expired),
• Voter Id (Election Card), (Front and Back Copy),
• Pan Card

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

Ans. No, you can update Joining/leaving of your employment through update employment/engagement option available in member module of SSP portal. You can only update the present employment designation through KYM Form. Kindly update the designation in KYM form only if, your employment details is currently updated in KYM form otherwise, kindly update the employment details before submission of KYM form.

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