ICAI extends CA Exam ‘opt out’ window

ICAI - CA Exam - opt out option - Taxscan

The Institute of Chartered Accountants of India ( ICAI ) has extended the CA Exam ‘opt-out’ window for July 2020 CA Exams.

In continuation to Important Announcement dated 15th June 2020, in which students (who had already submitted online examination application for May 2020 Examination cycle) were given the “Opt-Out” option and carry forward their candidature to next examination i.e. November 2020 examination cycle from 17th June 2020 (Wednesday) 11 AM Onwards to 20th June 2020 (Saturday) up to 11.59 PM.

The ICAI has said that, In view of feedback received from the students who have already submitted online examination application for May 2020 Examination, the Examination Committee in its meeting held today considered the requests of students for allowance of some more time for exercising the Opt-Out option decided to extend the said window only till 27th June 2020 meaning thereby that the option to change center will close from today midnight as already announced.

The ICAI also said that, Therefore, students who at their own will decide of availing “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 27th June 2020 till 11.59 PM and accordingly a fresh window will open again valid for opt-out only on 21st June 2020 at 11 AM.

On successful submission of declaration form online towards 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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