Graduates: ipcc dilemma

Hello,

I know i might have posted this query earlier but a few weeks back i had read as per a notification from the ICAI, that graduates would now be allowed to take the IPCC course without going through the rigours of CPT. Could someone please confirm. 

IF the above is actually true, could someone please guide me if i should prepare for both the groups or just one of the groups, if my attempt does turn up in Nov 2012 (as per the notification) taken into consideration I have my CS professional exams in December 2012. Would really appreciate if someone takes some time out to address the above two queries.

Thanks,

Best Regards,

Naveen K Joshi