ICAI extended the time period for commencement of Practical Training

The Institute of Chartered Accountants of India (ICAI) has vide its Announcement dated 29th April 2021 extends the time time period for commencement of Practical Training on or after 30th April 2021 to 30th June 2021 for the students appearing in CA Final examination to be held in November 2023.

The full text of the official announcement is as follows:-

ANNOUNCEMENT

Extension of time period for commencement of Practical Training on or before 30th April 2021 to 30th June 2021 for appearing in Final examination to be held in November 2023

In exercise of the powers conferred under Regulation 205 of the Chartered Accountants Regulations, 1988 and to remove the hardship caused to the students due to Covid 19 spread, the Council hereby order that –

1. Students who have qualified either of the Groups or both the Groups of Intermediate/IIPC Examinations held in November 2020/January 2021 and are required to commence their Practical Training on or before 30th April 2021 for being eligible to appear in the Final Examination to be held in November 2023, but are not able to commence their Practical Training due to lockdown/curfew in various parts the country on account of COVID-19, be allowed to commence their Practical Training on or before 30th June 2021 instead of 30th April 2021 and then be allowed to appear in the Final examination to be held in November 2023.

2. The above relaxation in the requirement of Regulation 29D shall be a one-time measure only due to the spread of Covid 19.

Director
Board of Studies, ICAI