LIVE GST Audit Course by CA Sachin Jain. Register Now!!

Ca final exemption rules?

neha sharma (Student) (35 Points)

07 November 2012

What are the rules for claiming exemption in ca final? And is there any condition of securing minimum marks in other subjects like 20 or 30?

Reply
Follow
Share

10 Replies

CA Tushar Singhania (Asst. Manager Accts & Fin.) (402 Points)
Replied 07 November 2012

You just need to score more than 60 in the subject and automatically u'll get exemption from that paper for the next 3 terms

neha sharma (Student) (35 Points)
Replied 07 November 2012

It means dat there is no condition for securing minimum marks in other 3 papers?

(Guest)

Originally posted by : neha sharma
	What are the rules for claiming exemption in ca final? And is there any condition of securing minimum marks in other subjects like 20 or 30?

What are the rules regarding “exemption” and validity period?

A candidate who has appeared in all the papers comprised in a group/unit and fails in one or more papers comprised in that group/unit but secures a minimum of 60% of the marks in any paper or papers of that group/unit shall be eligible for exemption in that paper or papers in the next three following examinations.

Source: ICAI(FAQ) https://220.227.161.86/24309announ14197.pdf

source 2 : /experts/is-attendance-necessary-for-others-for-exemption-188966.asp#.UJqLYvbibWA

1 Like

CS,CA F,Numrologi TusharSampat (CS CA F Numerologist Astrologer Graphologist Face reader Vastu Expert) (85930 Points)
Replied 07 November 2012

Originally posted by : ramky
	Originally posted by : neha sharma What are the rules for claiming exemption in ca final? And is there any condition of securing minimum marks in other subjects like 20 or 30? What are the rules regarding “exemption” and validity period? A candidate who has appeared in all the papers comprised in a group/unit and fails in one or more papers comprised in that group/unit but secures a minimum of 60% of the marks in any paper or papers of that group/unit shall be eligible for exemption in that paper or papers in the next three following examinations. Source: ICAI(FAQ) https://220.227.161.86/24309announ14197.pdf source 2 : /experts/is-attendance-necessary-for-others-for-exemption-188966.asp#.UJqLYvbibWA

CA Bhargav Nathwani (CA in Practice) (8307 Points)
Replied 07 November 2012

Minimum Markes 40 per subject required in any cost. Exempted Marks Calculate @ the time of Agregate total of the Particular Group.

CA ADITYA SHARMA (CA IN PRACTICE ) (16719 Points)
Replied 08 November 2012

Originally posted by : ramky
	Originally posted by : neha sharma What are the rules for claiming exemption in ca final? And is there any condition of securing minimum marks in other subjects like 20 or 30? What are the rules regarding “exemption” and validity period? A candidate who has appeared in all the papers comprised in a group/unit and fails in one or more papers comprised in that group/unit but secures a minimum of 60% of the marks in any paper or papers of that group/unit shall be eligible for exemption in that paper or papers in the next three following examinations. Source: ICAI(FAQ) https://220.227.161.86/24309announ14197.pdf source 2 : /experts/is-attendance-necessary-for-others-for-exemption-188966.asp#.UJqLYvbibWA

(Guest)

minimum 40 marks in each subject required...........no provision for set-off marks ...its not income tax

CA Pooja Agarwal (Chartered Accountant) (3228 Points)
Replied 08 November 2012

for claiming exemption in a particular paper , you need to score atleast 60 in that paper..there is no rule of securing any mimimum marks in the other subjects..

suppose u score 67 in DT but only 36 in iDT,even then u will get exemption in IDT

i have seen students apeearing for just single paper t o get exemption..

1 Like

CA Tushar Singhania (Asst. Manager Accts & Fin.) (402 Points)
Replied 12 November 2012

Originally posted by : Bhargav Nathwani
	Minimum Markes 40 per subject required in any cost. Exempted Marks Calculate @ the time of Agregate total of the Particular Group.

I am sorry to say but i dis agree. I had myself flunked in ISCA but securde 62 in IDT. i had been awarded exemption in my next sitting

DEVIL-Liv every moment of life (ca final) (1735 Points)
Replied 13 November 2012

Originally posted by : CA Pooja Agarwal
	for claiming exemption in a particular paper , you need to score atleast 60 in that paper..there is no rule of securing any mimimum marks in the other subjects.. suppose u score 67 in DT but only 36 in iDT,even then u will get exemption in IDT i have seen students apeearing for just single paper t o get exemption..