Centralised ICAI exam Checkers Empanelment Discontinued
ICAI Announcement dated 12/05/2016
Assignments of Checkers
The examination process inter alia includes a procedure of having the answer books checked, after evaluation by examiners, by Checkers to ensure that all answers have been evaluated, marks awarded have been carried forward to the cover page of the answer books and that the totalling of marks is correct.
ICAI had a centralized system of empanelling checkers before each exam, assigning them duties and paying them directly, until recently.
While the process of checking shall continue, it has been decided to discontinue the practice of centralised empanelment of checkers, appointment, allotment of assignments and direct payments by the Institute. It has further been decided that henceforth, examiners shall appoint Checkers and have the answer books checked, pay them honorarium and claim the same in their bill.
The abovementioned arrangement comes into effect from May 2016 examinations onwards.
ICAI Examination
Mutual Funds to value physical Gold and Silver by using the polled spot prices published by the recognized stock exchanges…
Supreme Court allows simultaneous CIRP proceedings against principal debtor and its corporate guarantor, declines to frame any guidelines In a…
Merely because assessee had declared sales for only one month, the same cannot be treated as bogus on the basis…
ITAT deleted addition as the method of accounting had been accepted by the department in earlier years and the entire…
Orders passed under Benami Act cannot be challenged under Insolvency and Bankruptcy Code, 2016 - SC In a recent judgment,…
RBI notified format of Currency Declaration Form (CDF) to declare foreign exchange brought into India Regulation 6 of the Foreign…