ANNOUNCEMENT

4th July, 2017

Sub.: Transition Scheme for students of Common Proficiency Course, Intermediate (IPC) Course and Final (old) Course along with the Conversion Fees for Switching Over to Revised Scheme

A. TRANSITION SCHEME: FOUNDATION

I. For Common Proficiency Course Students:

1. All students registered in Common Proficiency Course and are pursuing Class 11th / Class 12th Such Students may appear for all available attempts, i.e, June 2019 under old scheme

Or

After appearing in Class 12th exam, students may convert to Foundation Course under revised scheme at any point of time w.e.f 1st July, 2017 or compulsorily have to convert after completion of the available attempts, i.e, June 2019 under old scheme, by paying conversion charges of Rs.500/- (US$ 40) and the study material for revised scheme will be provided free of cost but shipping charges will be borne by the students.

2. All students registered in Common Proficiency Course and appeared in Class 12th Exam / qualified Class 12th Examination / appeared for CPT but not qualified Such Students may appear for all available attempts, i.e, June 2019 under old scheme

Or

They may convert to Foundation Course under revised scheme at any point of time w.e.f 1st July, 2017 or compulsorily have to convert after completion of the available attempts , i.e, June 2019 under old scheme, by paying conversion charges of Rs.500/- (US$ 40) and the study material for revised scheme will be provided free of cost but shipping charges will be borne by the students.

Such students would be eligible to appear in immediate Foundation Examination to be held after switching provided that the student has passed class 12th Examinations.

B TRANSITION SCHEME: INTERMEDIATE (IPC) COURSE

I. Through CPT Route:-

Sl. No. Category of student Way forward
1. Already registered for Intermediate (IPC) course and are eligible to appear for Intermediate (IPC) Examination but have not appeared / appeared but could not pass any Group Such Students may appear for all available attempts , i.e, till May 2019 under old scheme

Or

May convert under revised scheme at any point of time wef 1st July 2017 or compulsorily have to convert after completion of the available attempts i.e till May 2019 under old scheme by paying conversion charges of Rs. 1000/-(US$ 50) and the study material for revised scheme will be provided free of cost but shipping charges will be borne by the students.

2. Already registered for Intermediate (IPC) course and passed Group-I 1. Will undergo ICITSS (ITT)/ICITSS (OC)/ICITSS (ITT & OC), to the extent not undergone ITT/OC/ITT & OC under old scheme. Thereafter, may commence Practical Training.

2. Such Students may appear for Group-II under old scheme for all available attempts , i.e, till May 2019.

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Or

May convert under revised scheme at any point of time wef 1st July 2017 or compulsorily have to convert after completion of the available attempts , i.e, till May 2019 under old scheme by paying conversion charges of Rs.1000/- /-(US$ 50) and the study material for revised scheme will be provided free of cost but shipping charges will be borne by the students.

3. Already registered for Intermediate (IPC) course and passed Group-I and commenced Practical Training 1. Continue with Practical Training

2. May appear for Group-II under old scheme for all available attempts , i.e, till May 2019.

Or

May convert under revised scheme at any point of time wef 1st July 2017 or compulsorily have to convert after completion of the available attempts i.e, till May 2019 under old scheme by paying conversion charges of Rs. 1000/- /-(US$ 50) and the study material for revised scheme will be provided free of cost but shipping charges will be borne by the students

4. Already registered for Intermediate (IPC) course and passed Group-II 1. Will undergo ICITSS (ITT)/ICITSS (OC)/ICITSS (ITT & OC), to the extent not undergone ITT/OC/ITT & OC under old scheme. Thereafter, may commence Practical Training.

2. Such Students may appear for Group-I under old scheme for all available attempts , i.e, till May 2019.

Or

May convert under revised scheme at any point of time wef 1st July 2017 or compulsorily have to convert after completion of the available attempts i.e till May 2019 under old scheme by paying conversion charges of Rs. 1000/- /-(US$ 50) and the study material for revised scheme will be provided free of cost but shipping charges will be borne by the students..

II. Through Direct Entry Route:-

Sl. No. Category of student Way forward
1. Already registered for Intermediate (IPC) course provisionally and are eligible to appear for Intermediate (IPC) Examination have not appeared / appeared but not passed any Group- Such students will be treated as the students under existing scheme even if they submit their mark sheets of Graduation / PG after 1st July 2017 appeared but not passed any Group- Such students will be treated as the students under existing scheme even if they submit their mark sheets of Graduation / PG after 1st July 2017 Such Students may appear for all available attempts , i.e, till May 2019 under old scheme

Or

May convert under revised scheme at any point of time wef 1st July 2017 or compulsorily have to convert after completion of the available attempts , i.e, till May 2019 under old scheme by paying conversion charges of Rs. 1000/- /-(US$ 50) and the study material for revised scheme will be provided free of cost but shipping charges will be borne by the students.

2. Already registered for Intermediate (IPC) course and passed Group-I/Group II Such Students may appear for the remaining group for all available attempts , i.e, till May 2019 under old scheme

Or

May convert under revised scheme at any point of time wef 1st July 2017 or compulsorily have to convert after completion of the available attempts , i.e, till May 2019 under old scheme by paying conversion charges of Rs. 1000/- /-(US$ 50) and the study material for revised scheme will be provided free of cost but shipping charges will be borne by the students.

Already registered for Intermediate (IPC) course – provisionally or otherwise through CPT route or Direct Entry Route, but ineligible to appear in Intermediate (IPC) examination may appear for Intermediate (IPC) Examination for all available attempts i.e till May 2019 under old scheme after being eligible

Or

May convert under revised scheme at any point of time wef 1st July 2017 and appear for Intermediate Examination after being eligible or compulsorily have to convert after completion of the available attempts i.e till May 2019 under old scheme by paying conversion charges of Rs. 1000/- /-(US$ 50)and the study material for revised scheme will be provided free of cost but shipping charges will be borne by the students.

C. TRANSITION SCHEME: FINAL COURSE

Sl. No. Category of student Way forward
Already registered for Final Course are eligible to appear for Final Examination have not appeared / appeared but not passed any Group/ appeared and passed either Group I or Group II Such Students may appear for all available attempts , i.e, till Nov., 2020 under old scheme Undergo AICITSS (Adv. ITT)/ AICITSS (GMCS) / AICITSS (Adv. ITT & GMCS), to the extent not undergone Adv. ITT / GMCS / Adv. ITT & GMCS under old scheme. Have to undergo before applying for Membership of ICAI.

Or

May convert under revised scheme at any point of time wef 1st July 2017 or compulsorily have to convert after completion of the available attempts , i.e, till Nov., 2020 under old scheme by paying conversion charges of Rs. 1000/- /- (US$ 50) and the study material for revised scheme will be provided free of cost but shipping charges will be borne by the students. Such students will undergo ICITSS (ITT)/ICITSS (OC)/ICITSS (ITT & OC), to the extent not undergone ITT/OC/ITT & OC under old scheme before appearing for Final Examination under Revised Scheme.

Already registered for final (under existing scheme) course but ineligible to appear in Final examination may appear for Final Examination for all available attempts i.e till Nov., 2020 under old scheme after being eligible

Or

May convert under revised scheme at any point of time wef 1st July 2017 and appear for Final Examination after being eligible or compulsorily have to convert after completion of the available attempts i.e till Nov., 2020 under old scheme by paying conversion charges of Rs. 1000/-/-(US$ 50) and the study material for revised scheme will be provided free of cost but shipping charges will be borne by the students.

All the students while converting to Intermediate or Final course will get the study material free of cost on converting but the shipping charges are to be borne by the students.

The announcement relating to the criteria of the grant of exemptions under revised scheme for existing students in respect of the group/paper qualified by them under the old scheme will be hosted separately.

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