COVID-19| ICAI grants exemption from completion of OC and ITT

Last updated: 21 March 2020 Follow on Google News

In the view of the spread of the novel coronavirus(COVID-19) the Insitute of Chartered Accountants of India(ICAI) made an announcement regarding exemption from the completion of OC and ITT before admission in practical training on or before 30th April 2020. Only those students who were to take admission in Practical Training on or before 30th April, 2020 but are not able to admit in Practical Training due to non-completion of Orientation Course and IT Training are covered under this exemption. These students will have to complete Orientation Course and IT Training on or before 31st August, 2020

Announcement

Exemption from Completion of Orientation Course (OC) and Information Technology Training (ITT) before admission in Practical Training on or before 30th April, 2020.

The Council at its meeting held on 20th March,2020 invoked the powers under Regulation 205 of The Chartered Accountants Regulations, 1988 and decided to pass the resolution to grant one-time relaxation to the following category of students:

who were to take admission in Practical Training on or before 30th April, 2020 but are not able to admit in Practical Training due to non-completion of Orientation Course and IT Training.

be allowed to take admission in Practical Training on or before 30th April, 2020 and complete Orientation Course and IT Training on or before 31st August, 2020 and thereafter be allowed to appear in Final examination to be held in November,2022.

Acting Secretary, ICAI

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