Period of validity for CA-CPT Course Registration
NOTE: (05/08/2011) This Notification is currently on hold for time being, which means you need not go for re-validation even if the validation period is lapsed, this is for time being and may change in the near future.
As per the announcement made by Board of Studies of ICAI (Announcement no. : “BoS/Announcement/227/11″) it is mandatory for CA students to re validate their registration after specific periods. The details of the announcement (showing information relevant to students registered for CPT Course) are as follows :
In order to streamline the period of validity of registration for Common Proficiency
Course (CPC), Professional Competence Course (PCC)/ Integrated Professional Competence Course (IPCC) and Final levels of Chartered Accountancy Course, the Council at its 303rd Meeting held on February 10-12, 2011 decided as under:
1. Initial registration for Common Proficiency Course (CPC) is valid for 3 years.
2. Re-validation of registration shall be done for further period of 3 years before
expiry of initial registration. Students who have got their registration re-validated
with the concerned Decentralized Offices may have the registration re-validated
every 3 years after the expiry of the earlier re-validated period.
3. Fee for re-validation is Rs. 300/- for each re-validation.
4. Students are required to ensure before applying for admission to CPT examination
that they have valid registration.
5. CPT students who have registered on or before 30th November, 2008 are required
to re-validate their registration before applying for December, 2011 CPT
It may be noted that if a student appears in the CPT examination without having valid registration, he shall have to pay a penal fee of Rs. 250/- (in addition to the prescribed revalidation fee with retrospective effect) within 30 days prior to the date of declaration of results.
Candidates, whose period of initial registration has expired, may apply for revalidation by making an application on plain paper, together with the prescribed fee by way of Demand Draft drawn in favour of “The Secretary, The Institute of Chartered Accountants of India, payable at Mumbai/ Chennai/ Kolkata/ Kanpur/Delhi” as the case may be and forward the same to the Decentralised Office concerned at Mumbai, Chennai, Kolkata, Kanpur and Delhi. The above decision of the Council shall be applicable from December, 2011 examination onwards.
Source: Board of Studies (ICAI)
+Dilip Kumar (Author, Admin and Editor of Chartered Accountants Corner) is a CA Student from Hyderabad, done his Articleship from Ramanatham & Rao, Loves Blogging on Taxation.
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