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 forthe 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 Intermedi
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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.