CA Exams 2021: ICAI allows Opt-Out Option

ICAI - opt-out option - CA Exam July 2021 - Taxscan

The Institute of Chartered Accountants of India (ICAI) notified the details regarding Opt-Out Option in respect of CA Exam May/ June 2021.

The institution has announced that the Chartered Accountant (Final, Intermediate/ IPC and PQC Courses) Examinations are scheduled to be held from 5th July 2021 to 20th July, 2021 and Chartered Accountant (Foundation) Examination on July 24th, 26th, 28th and 30th, 2021 from 2 PM to 5 PM (IST).

In case Examinee himself / herself or his / her grandparents, parents, spouse, children & siblings (residing in the same premises) are infected with Covid – 19, such examinees will be provided “opt out option” (with carryover of fee paid and exemptions granted) to the November, 2021 examination cycle.

The ICAI laid down the guidelines for the Examinees so as to avail the Opt-Out facility.

Firstly, the opt out can be exercised by login into examination portal and submitting Covid-19 positive RTPCR Report, Aadhar Card and self declaration form (as prescribed by ICAI)

Secondly, the Examinee has to submit the Covid-19 positive RTPCR report issued by the Government recognized laboratory. (It may be noted that all such reports shall be verified by ICAI from the said laboratory and in case the same is found to be false/ fabricated, strict actions as decided by the Committee shall be taken)

Thirdly, the Examinee has to submit his / her Aadhar Card along with the Aadhar Card of the infected relative, as the case may be.

Fourthly, examinees may note that Covid-19 positive RTPCR report shall be of a date which is on and after the date of issue of this announcement to any date up to the conclusion of the examination of the course for which the examinee has applied to appear.

Fifthly, examinees who opt out from May/ July, 2021 Examination cycle will be allowed to write their examinations in November 2021 Examination Cycle. The last attempt of the Old Course for Final and Intermediate (IPC) examinations shall be extended to November 2021 examinations only for those students who are allowed to opt out from May/ July 2021 examinations.

Sixthly, if a Student has opted out in any paper during the entire cycle of the examination then he/she will not be permitted to appear in any of the remaining papers.

Lastly, if a student has appeared for the first group and then opts out before the conclusion of the examination of the last paper of the second group, the result of the first group will be declared and the opt out option will apply only to the second group.

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