ICAI provides relaxation in the requirement to undergo 8 months Study Period for CA Inter students who had opted for Jan 21 Exams

Last updated: 06 March 2021

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The Institute of Chartered Accountants of India (ICAI) has announced a special one-time relaxation for CA Intermediate students. Those who opted out of the November 2020 exams and subsequently appeared for the January 2021 Foundation exams will now only need to complete a 7-month study period instead of the usual 8 months. This change allows them to be eligible for the November 2021 Intermediate examinations.

The Institute of Chartered Accountants of India, as a one time measure has provided relaxation w.r.t the requirement to undergo 8 months study period and has revised the same to 7 months for the students who had opted for the Jan 21 CA Foundation Exam. Read the official announcement below:

Board of Studies
The Institute of Chartered Accountants of India
5th March, 2021

ANNOUNCEMENT

Sub: Relaxation in the requirement to undergo 8 months Study Period to appear in November, 2021 Intermediate Examination in respect of students who had opted-out from November 2020 Examinations and opted for January 2021 examination after passing January, 2021 Foundation Examinations.

Students who had opted-out from November 2020 Examinations and opted for January 2021 Foundation Examinations may please note that the Institute as a one-time measure, has given relaxation in the requirement to undergo 8 months study period to 7 months study period to appear in November, 2021 Intermediate Examination after passing January, 2021 Foundation Examinations.

ICAI CA Inter: 7-Month Study Period for Jan 2021 Opt-Out Students

In other words students who pass January 2021 Foundation examination may register themselves for the Intermediate course by 1st April 2021 so as to appear in the November 2021 Intermediate examination.

Director
Board of Studies, ICAI

FAQ :

The ICAI has reduced the mandatory study period requirement from 8 months to 7 months for specific CA Intermediate students.

Students who opted out of the November 2020 CA examinations and then opted for the January 2021 Foundation examinations are eligible.

The revised study period is 7 months.

These students can appear for the November 2021 Intermediate Examination.

Yes, students who pass the January 2021 Foundation examination must register for the Intermediate course by April 1st, 2021, to be eligible for the November 2021 Intermediate examination.

No, the ICAI has stated that this is a one-time measure.

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