ICAI once again extended OPT-OUT window option last date


The Institute of Chartered Accountants of India (ICAI) once again extended the OPT-OUT option window Facility for CA Foundation, Final, Intermediate, IPCC July 2020 till 07th July 2020. Its the Fourth time ICAI has extended the last date of OPT-OUT option date.

On 15th June, 2020, ICAI issued notification in relation to OPT-OUT Option window. The last date was 20th June 2020 as per notification which extended two times more. Now it has again extended the facility till 07th July, 2020.

Read Also: Supreme Court ask ICAI To Be Flexible On CA Exam ‘Opt Out’ Option

CA students will decide of availing “Opt Out” option and wish to carry forward their candidature to next examination i.e. November, 2020 examination cycle may apply for opt out option & submit a declaration online available at https://icaiexam.icai.org.

Read Also: ICAI should change its name to IFAI : ICMAI

ICAI Procedure for OPT–OUT facility from CA Exams

(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.

Read Also: ICAI Students will get option not to write CA Exams in July 2020

(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.

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