ICAI Intermediate & Foundation Examinations to be held thrice in a year from May/June 2024
ICAI, has decided that from May/June 2024 onwards, Intermediate & Foundation course Examinations will be held thrice in a year in the month of May/June, September and January from the existing practice of twice a year.
According to the ICAI, due to more frequency of exams, students will get more opportunity to appear in the exam.
Students who are fulfilling the eligibility criteria for Admission to the Foundation course examination i.e registered with the Board of Studies of the Institute for a minimum period of four months on or before the 1st day of the month in which the examination is held along with other eligibility conditions specified in Regulation 25F and for Intermediate course Examination i.e registered with the Board of Studies of the Institute and produces a certificate to the effect that he has undergone a study course for a period of not less than eight months as on the first day of the month in which the examination is held along with other eligibility conditions specified in Regulation 28G can appear in the next eligible exam.
However, CA Final course examination will continue to be held twice a year in the month of May and November.
Notification for Thrice in year exams Click Here >>
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- Distinction between religious & charitable purposes is determined by institution’s primary or dominant object
- Fit case to issue notice u/s 148 – Relevancy of material & application of mind to objections important
- AO is under an obligation to assign reasons for rejecting explanation of the assessee
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