exemption
This query is : Resolved
23 October 2010
i heard there is some minimum marks criteria in other subject to get exemption i.e if i get 60+ in IDT then i will get exemption only if i score sum minimum marks in other subjects of that group
23 October 2010
There is a criteria of 30 marks previously about 4-5 years back. But now there is no such criteria.
However now, for getting exemption you have to appear/sit in all exams of the group.
However now, for getting exemption you have to appear/sit in all exams of the group.
23 October 2010
Yes Agree with Mr Rahul
23 October 2010
Hi
A candidate who fail one or more papers comprised in a group but secure a minimum of 60 % of the marks in any paper or papers of that group shall be eligible to appear at any one or more of the immediately next three following examinations in the paper or papers in which he secured less than 60% marks. He shall be declared to have passed in that group if he secure at one sitting a minimum of 40%marks in each of such papers and a minimum of 50% of the total marks of all the papers of the total group including the paper or papers in which he secured a minimum of 60% marks in the earlier examinations referred above. He shall not be eligible for further any exemptions in the remaining papers of that group until he has exhausted the exemption already granted to him in that group.
Regards
A candidate who fail one or more papers comprised in a group but secure a minimum of 60 % of the marks in any paper or papers of that group shall be eligible to appear at any one or more of the immediately next three following examinations in the paper or papers in which he secured less than 60% marks. He shall be declared to have passed in that group if he secure at one sitting a minimum of 40%marks in each of such papers and a minimum of 50% of the total marks of all the papers of the total group including the paper or papers in which he secured a minimum of 60% marks in the earlier examinations referred above. He shall not be eligible for further any exemptions in the remaining papers of that group until he has exhausted the exemption already granted to him in that group.
Regards
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Section 194JA & JB Income which ITR Form to use
- Scrutiny and reopening of past returns
- Under construction property in ITR
- PPF interest-As Exempt Income disclosure
- Pass word to open justification report for Q1 for FY 2026-27
- Upload Level ValidationITR3Category of Defect B/D
- Building tax payment deduction in rental Income
- Booth for sales promotion
- ITR 4 OR ITR 3 WHICH FORM CHOOSE
- Average Cost Of High Quality Diamonds
- TAX AUDIT QUESTION
- VALUATION OF PRIVATE LIMITED COMPANY SHARES
- LIABILITY ADJUSTMENT
- Capital Gains on sale of residential flat
- Accounting with Claude
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
