Declaration of a candidate of Common Proficiency Test (CPT), Intermediate (IPC) and Final examinations conducted by the Institute of Chartered Accountants of India (ICAI), as a rank holder. – (10-09-2014)
9th September, 2014
ICAI recognizes meritorious candidates in CPT, by ranking them on the basis of the aggregate marks obtained by them in CPT up to 10th rank, on an all India basis, subject to his/her having secured a minimum of 60 percent marks.
There is no practice of declaring any candidate as having secured a rank beyond 10 in CPT.
So also, ICAI recognizes meritorious candidates in Intermediate (IPC) and CA Final examination, by ranking them on the basis of the aggregate marks obtained by them in both the groups, on an all India basis, subject to his/her having secured a minimum of 55 percent marks, in one sitting without availing of any exemptions.
There is no practice of declaring any candidate as having secured a rank beyond 50 in Intermediate (IPC) or CA Final Examination.
Students and other stakeholders are hereby requested to take note of the above and not be misguided by advertisements/publicity, contrary to the above stated position.
Examination Department
Source- http://icai.org/new_post.html?post_id=10946&c_id=219
