What is the validity period of CA Intermediate registration?
Validity Period of CA Intermediate Registration
The registration for the CA Intermediate course, which is the second level of the Chartered Accountancy (CA) course in India, has a specific validity period. The validity period determines the duration for which the registration remains active and allows a student to appear for the CA Intermediate examinations.
Initial Registration Period
- The initial registration for the CA Intermediate course is valid for a period of four years. This means that once a student registers for the course, they have four years to complete the entire CA Intermediate level, including both groups of examinations.
- The registration period starts from the date of registration and extends for a continuous period of four years.
Extension of Registration
- In case a student is unable to complete the CA Intermediate level within the initial registration period of four years, they have the option to extend their registration.
- The extension can be done by paying the applicable extension fee to the Institute of Chartered Accountants of India (ICAI).
- The extension period is available for a maximum of three years from the date of expiry of the initial registration period.
- Therefore, the maximum total validity period for CA Intermediate registration, including the initial registration period and the extension period, is seven years.
Revalidation of Registration
- If a student fails to complete the CA Intermediate level within the initial registration period of four years and the subsequent extension period of three years, their registration expires.
- However, the expired registration can be revalidated by applying for revalidation to the ICAI.
- The revalidation can be done by paying the applicable revalidation fee to the ICAI.
- The revalidation process allows a student to extend the validity of their expired registration for a further period of three years.
Conclusion
The validity period of CA Intermediate registration is initially four years. It can be extended for a maximum of three years, and if required, the expired registration can be revalidated for an additional three years. Therefore, the total validity period for CA Intermediate registration, including the initial registration period, extension period, and revalidation period, is a maximum of seven years. It is important for students to complete the CA Intermediate level within this validity period to avoid additional fees and procedures for extension or revalidation.