Categories: Others

ICAI cancelled CA May 2020 Examination

Examination Department
The Institute of Chartered Accountants of India
3rd July 2020
IMPORTANT ANNOUNCEMENT

1. The students are aware that vide Announcement dated 15th June 2020, the Institute, after taking in account the academic interests and health safeguards of students intending to appear in May 2020 Examinations, had enabled them to change their Centre for appearance in May/ July 2020 Examination and/or to decide, at their free will, to “Opt-Out” of the May/ July 2020 Examinations with the carryover of all benefits including the fee paid and exemptions.

The announcement also stated that Institute will review the situation of pandemic (COVID cases, MHA guidelines, Centre and State Government directions) in the first week of July 2020 and the conduct of examinations commencing from 29th July 2020 was to be strictly dependent upon prevailing Government’s advisories for the area in which a particular Centre is situated and, in any eventuality, the students were to be accommodated to November 2020 Examination cycle.

2. Further Announcement dated 17th June 2020 provided for FAQ’s relating to conduct of May/ July 2020 Examinations,

change in centre and operation and procedure for Opt-Out to address the queries raised by the students. Announcements dated 20th June 2020 and 26th June 2020 extended the availability of the facility to “opt-out” to allow the students to make their decision which facility is available to the students even as on date.

Further Developments:

  • A. With Unlock1, the severity of COVID 19 Pandemic was expected to subside from the later part of June 2020, but has rather become more severe and, therefore a Review as per announcement dated 15 June 2020 has become necessary.
  • B. Ministry of Home Affairs, Government of India vide its Guidelines dated 29th June 2020 has extended the closure of all schools & academic Institutions and academic congregations till 31st July 2020.
  • Select State Governments have put extended prohibitions in their respective States.
  • Post the said Notification dated 29th June 2020, many Schools/ Academic Institutions have expressed their inability to provide their premises to conduct the Examinations.

On a review of above developments and in order to ensure the interest of its students and their well-being, the Institute has decided to cancel May 2020 Examinations and merge the May 2020 attempt with November 2020 Examinations, with a due carryover of all benefits already available to students including the fee paid and exemptions.

The students who have made an application for May 2020 Examinations will have an option to change the group(s) of their appearance and centre of Examinations at the time of making a fresh application for November 2020 Examinations, which, subject to conditions prevailing at the relevant time, will start from 1st November 2020.

It is again clarified that in this schema, the students will be free to exercise the options afresh for the groups that they intend to appear in the November 2020 examinations.

The students are advised to stay in touch with the Institute’s website www.icai.org for further announcements relating to November 2020 Examinations and in case of any queries can write at may2020exam@icai.in.

(S. K. Garg)
Additional Secretary (Exams)
Announcement – PDF Version

5 Four Reasons for Failure in Exams:-

  • Not Starting Early
  • Thinking too much time is left
  • Lack of Focus
  • Distractions
  • No Dedicated Mentor who guides throughout
Rajput Jain & Associates

Rajput Jain & Associates is a Chartered Accountants firm, with it's headquarter situated at New Delhi (the capital of India). The firm has been set up by a group of young, enthusiastic, highly skilled and motivated professionals who have taken experience from top consulting firms and are extensively experienced in their chosen fields has providing a wide array of Accounting, Auditing, Taxation, Assurance and Business advisory services to various clients and their stakeholders. Rajput jain & Associates, a professional firm, offers its clients a full range of services, To serve better and to bring bucket of services under one roof, the firm has merged with it various Chartered Accountancy firms pioneer in diversified fields. We have associates all over India in big cities. All our offices are well equipped with latest technological support with updated reference materials. We have a large team of professionals other than our Core Team members to meet the requirements of our prospective clients including the existing ones. However, considering our commitment towards high quality services to our clients, our team keeps on growing with more and more associates having strong professional background with good exposure in the related areas of responsibility.

Recent Posts

TDS on Purchase of Immovable Property – Filing of Form 141

TDS on Purchase of Immovable Property – Filing Impact of Form 141 The CBDT introduced a new form, 141, under… Read More

3 days ago

MCA Filling Compliance Due Dates for FY 2025‑26

MCA Filing Calendar – Key Compliance Due Dates (FY 2025‑26) MSME‑1 (Half‑Yearly Return) : Half‑Yearly Return filling Purpose: Disclosure of… Read More

4 days ago

Form 26 (Tax Audit Report) under the Income‑tax Rules, 2026

Form 26 (Tax Audit Report) under the Income Tax Rules, 2026  The new Form No. 26, introduced under the Income‑Tax Rules,… Read More

5 days ago

Can You Get a Loan Again After a Loan Settlement in India

Can You Get a Loan Again After a Loan Settlement in India? Loan settlement can offer relief when you are… Read More

1 week ago

TDS & GST on Honorarium Paid to Foreign Delegate in India

Taxability of Honorarium Paid to UK Non‑Resident for Lecture Delivered in India Applicability of TDS on Honorarium: The honorarium is… Read More

1 week ago

Key Changes in Perquisites & Allowances in I Tax Act, 2025

Key Changes in Perquisites & Allowances in Income Tax Act, 2025 The Income Tax Act, 2025, introduced by the Income Tax… Read More

1 week ago
Call Us Enquire Now