availment of exemption

This query is : Resolved

caguy (Querist)
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19 July 2008 wants to know the procedure how to surrender exemption availed?

I have got 65 marks in MICS in NOV.2007 final exams.....again appearing in exams in MAY.2008 I have got 61 Marks in IDT.
For appearing in Exams NOV. 2008 I want to avail exemption in IDT instead of MICS marks.......what is the procedure......if any?..............Again i want to know for which subject I can avail exemption....please help me fast but in full detail

CA. Rayan Sequeira

CA. Rayan Sequeira (Expert)
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19 July 2008 Hi CAGUY,
as far as my knowledge lead me a examinee can carry forward a max of 2 exemptions in each group.
as in your case u've got an exemtion in now 07 in mics and a nother in may 08 in idt.
so u can carry both your exemtions into the nov 08 exams.
i wish ur query is resolved however i leave this opened if in case my learned expert friends have something to add or rebut

Regards
CA Rayan

CA. A. Kumar

CA. A. Kumar (Expert)
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19 July 2008 As per Institute's Rule once a student gets a exemption in one peper, he will not allow to take any other exemption for consecutive 3 attempts. So, as per your information, Mr. Caguy, you will entitle to avail exemption in MICS paper only.