EXEMPTION AND COST AND FM
This query is : Resolved
Guest
Guest
(Querist)
05 August 2010
Hi,
I had a doubt regarding exemption in IPCC.
If suppose we have got 72 in Accounts Group 1, now how will the exemption be:
Like will it be
- Only Accounts is exempted or
- Will the extra 12 marks be carry forwarded when writing other failed subjects of group 1.
- And what if both groups are written the next time. How will the exemption be like?
Plz could you clear on these doubts if possible with a better illustration.
Thanks
Mohit
Hi,
I had a doubt regarding exemption in IPCC.
If suppose we have got 72 in Accounts Group 1, now how will the exemption be:
Like will it be
- Only Accounts is exempted or
- Will the extra 12 marks be carry forwarded when writing other failed subjects of group 1.
- And what if both groups are written the next time. How will the exemption be like?
Plz could you clear on these doubts if possible with a better illustration.
Thanks
Mohit
Rahul Gupta
(Expert)
20 August 2010
Exemption means, that you need not required again to write for the exempted paper.
Also, while counting the total marks of the group, you marks obtained i.e 72 will be considered as your accounts marks and accordingly your aggregate of 50% of marks in a group will be decided.
Also, while counting the total marks of the group, you marks obtained i.e 72 will be considered as your accounts marks and accordingly your aggregate of 50% of marks in a group will be decided.
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
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Capital Gail Exemption Certificate
- Taxation of crypto futures in India Fy 2026- 2027
- EPF ECR NEW RULES Sep 17th 2026
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Issuing of delivery challan by seller of goods
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
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
