ICAI Announces Opt Out Option For CA July Exam Candidates

The opt-out facility will be for students who test positive for Covid-19, and for students with an infected family member – parents, grandparents, spourse, children and siblings, the ICAI said.

The Institute of Chartered Accountants of India (ICAI) on Monday said it will give Covid-affected students an option to opt out from CA Final, Inter, IPC and PQC exams scheduled for July 5-20, 2021, and from the CA Foundation exams that will be held between July 24 and 30. Earlier today, the institute released admit cards for these exams. Students who opt out from the May/July cycle of exams will be allowed to appear in the November 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,” an official statement said. The opt-out facility will be for students who test positive for Covid-19, and for students with an infected family member – parents, grandparents, spouse, children, and siblings – residing in the same premises, the ICAI said. To avail the facility, candidates will have to submit Covid-19 positive RT PCR report issued by a government recognised laboratory. The institute said it may verity reports and strict action will be taken against students found to have submitted false or fabricated reports.