ICAI EXAM STUDENT: IMPORTANT
The students (who have already submitted online examination application for May 2020
Examination cycle) shall be allowed to OPT-OUT and carry forward their candidature to next
examination i.e. November, 2020 examination cycle. In this case, the examination fees and
exemption, if any, of the particular student will automatically be shifted and carried forward to next
examination i.e. November 2020 cycle and this attempt (May 2020) will be treated as cancelled / not
counted. The student will be required to apply afresh for November 2020 Examination cycle at the relevant
time. His / Her Examination fees will be adjusted and differential fees, if any, will only be charged (In case
he/she has filled the form for May 2020 exams for one group only and in November 2020 exams cycle,
he/she opts to appear in both groups, then, he/she will be required to pay the differential fees).
Exams commencing 29th July have an option to opt out and automatically shift ot November 2020.
Procedure for availing OPT–OUT facility
(a) Submit a declaration online available at https://icaiexam.icai.org from 17th June 2020
(Wednesday) 11 AM Onwards to 20th June 2020 (Saturday) 11.59 PM.
(b) On submitting the declaration, candidature of the student for May 2020 Examination Cycle will be
cancelled and he/she will be shifted to next Examination Cycle.
(c) Kindly note that once option for “Opt out” is taken, it will be treated as final. No request for its
change will be entertained under any circumstances.
Source: ICAI Announcement.