CA Exams: ICAI again extends Deadline of Opt-Out option

CA Exams: ICAI again extends Deadline of Opt-Out option

ICAI - CA Exam - opt out option - Taxscan

The Institute of Chartered Accountants of India ( ICAI ) has again extended deadline of the Opt-Out option till 30th June 2020 (Tuesday) up to 11.59 PM.

In continuation to Important Announcement dated 21st June 2020, in which students (who had already submitted online examination application for May 2020 Examination cycle) were given an option to decide at their own will and “Opt-Out” from May 2020 examinations and carry forward their candidature to next examination i.e. November 2020 examination cycle up to 27th June 2020 (Saturday).

The ICAI said that, In view of feedback received from the students who have already submitted online examination application for May 2020 Examination, it is decided that the request of students for allowance of some more time for exercising the Opt-Out option be extended till 30th June 2020 (Tuesday) up to 11.59 PM. Therefore, students who at their own will decide of availing the “Opt-Out” option and wish to carry forward their candidature to next examination i.e. November 2020 examination cycle may apply for opt-out option &submit a declaration online available at https://icaiexam.icai.org latest by 30th June 2020 (Tuesday) up to 11.59 PM.

The ICAI also said that, On successful submission of declaration form online as stated in para 2 and 3 above, the candidature of the student for the May 2020 Examination Cycle will be canceled and he/she will be shifted to the next Examination Cycle. Students may note that Option for “Opt-out” once taken will be treated as final and no request for its change will be entertained under any circumstances.

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