Cpt exemption

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

15 January 2013 B.com 1st year : 42%
B.com 2nd year : 46%
B.com 3rd year : 65%

These are my percentage.Am i eligible for cpt
exemption?

Ajay Mishra

Ajay Mishra (Expert)
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15 January 2013 Hi

The following categories of students are eligible to register directly for
Intermediate (Integrated Professional Competence) Course without passing the Common
Proficiency Test (CPT):-
1. Graduates or Post Graduates from Commerce stream having secured in
aggregate a minimum of 55% of the total marks or its equivalent grade or other
Graduates or Post Graduates having secured in aggregate a minimum of 60% of
the total marks or its equivalent grade in the examination conducted by any
recognised University (including Open University).
2. Candidates who have passed the Intermediate level examination or its
equivalent examination by whatever name called conducted by The Institute of
Cost Accountants of India or by The Institute of Company Secretaries of India.

A student shall be deemed to be of Commerce stream, if he has passed Graduation/ Post Graduation examination by studying any three papers of 100 marks each out of Accounting, Auditing, Mercantile Laws, Corporate Laws, Economics, Management
(including Financial Management), Taxation (including Direct Tax Laws and Indirect Tax
Laws), Costing, Business Administration or Management Accounting.

As per the above, you will be said graduate when you have complete all three year course. So as per my understanding all three years percentage will be clubbed for maintaining minimum 55% and each subject of graduation should be 100 marks each.