ICAI has issued a new notification for Direct Entry Students for registering in intermediate. The text of the notification reads as follows –
|26th August, 2019|
|For kind attention of Direct Entry Students|
|In order to mitigate the hardship being faced by the students while registering in Intermediate Course through Direct Entry Route till 30th June, 2019, the Council has decided to relax the criteria of completion of nine months of Practical Training to six months for being eligible to appear in the May 2020 Intermediate Examinations. Accordingly, the Council has passed the following resolution under Regulation 205 of the Chartered Accountants Regulations, 1988:-|
“Resolved that by virtue of powers vested under Regulation 205 of the Chartered Accountants Regulations, 1988, the Council of the Institute hereby orders that such students who have registered/applied for Intermediate Course through Direct Entry Route till 30th June, 2019 shall be eligible for admission to the Intermediate examination after completion of six months of Practical Training under Regulation 50 on the first day of the month i.e. May, 2020.”
Official Link published by ICAI in this regard can be accessed from below –
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