Hey Guys, we are back again with an important announcement of ICAI for CA Intermediate Students. ICAI has made an announcement for the students of CA intermediate level for inter(new) paper 1 Accounting. Read the blog to know the announcement.

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According to ICAI announcement Inter paper 1 Accounting study material’s chapter 8 – Redemption of Debentures has been revised & the revised chapter is applicable from May 2020 examination. 

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Here is the Text of the Notification of ICAI Announcement

Chapter 8 “Redemption of Debentures” of the Intermediate Paper 1: Accounting Study Material (Module II) has been revised in line with the Companies (Share Capital and Debentures) Amendment Rules, 2019. The revised chapter is applicable from May 2020 Examination. The students of Intermediate level who have either July 2019 Edition or prior Edition of the Study Material are advised to ignore this chapter given in that material and are advised to refer the revised chapter uploaded on the BoS Knowledge Portal of the Institute’s website.

Check Out: Notification Link

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