ICAI Releases FAQs on Know your Member (KYM) Form

The Institute of Chartered Accountants of India(ICAI) has released Frequently Asked Questions (FAQs) on Know your Member (KYM) Form.

ICAI has recently launched “Know Your Member (KYM)” Form for the members of ICAI, which is to be filed annually through Self-Service Portal (SSP) of the ICAI.

ICAI FAQ’s on Know Your Member (KYM)

Q.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.

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 fill KYM Form annually before making the annual membership fees.

Q.5. I have opened the KYM Form but it is now not appearing under 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

Q.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.

Q.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)

Q.8. What attachments to provide for proof of Identity Proof?

Ans : Any one of the following document –

• Driving License,
• Passport (Front and Back Copy),
• Voter Id (Election Card),
• Pan Card

Q.9. 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:

Q.10. 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.

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