Alert for students appearing in May 21 exam conducted by the Institute of Chartered Accountants of India (ICAI)! The institute on Tuesday announced that students appearing in May 2021 exams have to fill fresh exam forms for May 2021 exam cycle.


It is to be noted that filling fresh exam forms has been made compulsory for students who had opted out of November 2020 exam cycle and had opted for May 2021 exam cycle. Check the official notification here which is available on its official website.


What are the key points?


According to the notice issued on its website, ICAI said "... candidates of CA foundation, Intermediate (IPC) {old scheme}, Intermediate { new scheme} and Final {old and new scheme} examinations and post qualification course examinations i.e. Insurance and Risk Management (IRM) Technical Examination and International Taxation - Assessment Test (INTT - AT), who had opted out of November 2020 Examination cycle and had chosen May 2021 examination cycle are required to fill their examination application form for May 2021 examination cycle afresh."


The examination fees, however, would be adjusted for the candidates who had opted out of the examination in November. All such students would be required to pay only the differential fees in cae of group/ country change.


"In other words, filling online examination form for May 2021 Examination cycle is mandatory for all the students desirous of appearing in May 2021 exams, including those who had opted out from November 2020 Examination Cycle and had chosen to write their examinations in May 2021 Examination Cycle. Examination Fees for such students will be adjusted and only differential fees, arising out of group/country change if any, will be charged additionally," reads the notice.


The institute further said that candidates must visit ICAI's official website regularly for latest news and updates about the examination.


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