The current situation has made it necessary to prioritize health due to ongoing concerns of coronavirus, in regard to which The Institute of Chartered Accountants of India (ICAI) has decided to allow CA students to opt-out for the July exams.
The students (who have already submitted online examination applications for May 2020 Examination cycle) will be allowed to opt-out and carry forward their candidature to the next examination i.e. November 2020 examination cycle.
Even if one student wish to appear in examination scheduled from July 29, 2020The ICAI said the institute is committed to serve even, still considering the prevailing Covid-19 situation
Procedure for availing OPT-OUT facility
- Submit a declaration online available at https://icaiexam.icai.org from 17th June 2020 (Wednesday) 11 am onwards to June 20, 2020 (Saturday) 11.59 pm.
- On submitting the declaration, candidature of the student for May 2020 Examination Cycle will be cancelled and he/she will be shifted to next Examination Cycle.
- Kindly note that once option for “Opt out” is taken, it will be treated as final. No request for its change will be entertained under any circumstances.
The candidates are advised to visit the official website www.icai.org regularly for updates.
In this case, the examination fees and exemption, if any, of the particular student will automatically be shifted and carried forward to next examination i.e. November 2020 cycle and this attempt (May 2020) will be treated as cancelled / not counted.
The student will be required to apply afresh for November 2020 Examination cycle at the relevant time. His / Her Examination fees will be adjusted and differential fees, if any, will only be charged (In case he/she has filled the form for May 2020 exams for one group only and in November 2020 exams cycle, he/she opts to appear in both groups, then, he/she will be required to pay the differential fees).
However, ICAI will review the situation of pandemic in first week of July 2020 and status will be intimated to students who have not opted out.
The conduct of examinations commencing from July 29 2020 will be strictly dependent upon the then Government’s advisories which may be issued for the area in which a particular Centre is situated and in any such eventuality, CA students will be accommodated to the November 2020 examination cycle.