Institute of Chartered Accountants of India (ICAI) announced that all students appearing in May 2021 exams must fill fresh exam forms for May 2021 exam cycle. The institute further said that filling fresh exam forms is even compulsory for students who had opted out of the November 2020 exam cycle and had opted for the May 2021 exam cycle.
In a notice issued on its website, ICAI stated that ” Candidates of CA foundation, Intermediate (IPC) {old scheme}, Intermediate { new scheme} and Final {old and new scheme} examinations and post-qualification course examinations i.ebb. Insurance and Risk Management (IRM) Technical Examination and International Taxation – Assessment Test (INTT – AT), who had opted out of November 2020 Examination cycle and had chosen May 2021 examination cycle are required to fill their examination application form for May 2021 examination cycle afresh.”
The notice has further added that filling online examination form for May 2021 Examination cycle is mandatory for all the students desirous of appearing in the May 2021 exams, including those who had opted out from the November 2020 Examination Cycle and had chosen to write their examinations in the May 2021 Examination Cycle. Examination Fees for such students will be adjusted and only differential fees, arising out of group/country change if any, will be charged additionally.
Aspirants must note that ICAI had allowed the candidates to opt-out from the ICAI November 2020 CA foundation, intermediate and final exams. The ICAI CA opt-out facility, as per ICAI, was applicable to ICAI CA exam centers and places of residence of CA aspirants which turned out to be the containment zones between November 21 and December 14.
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