Exemptions available
This query is : Resolved
27 November 2007
Kindly clarify:
If one gets 60% or more in a subject to get exemptions in the next 3 consecutive attempts is it necessary that one scores a minimum of 30 marks in all the other subjects in the group. ie suppose one writes 2 papers well assuming he gets 62 and 64 and only 20 and 18 in the other two papers of the same group, will he still get exemptions in the papers he scored 62 and 64. Kinldy advice.
If one gets 60% or more in a subject to get exemptions in the next 3 consecutive attempts is it necessary that one scores a minimum of 30 marks in all the other subjects in the group. ie suppose one writes 2 papers well assuming he gets 62 and 64 and only 20 and 18 in the other two papers of the same group, will he still get exemptions in the papers he scored 62 and 64. Kinldy advice.
27 November 2007
No. You can carry one exemption for three attempts and during that no other exemptions. One exemption at a time.
Good Luck.
Good Luck.
27 November 2007
Sir my main concern is do we have to score a minimum of 30 marks to be eligible to enjoy the benefit of exemptions. Or can I enjoy the exemption in one paper in one attempt and then concentrate on the next three papers in my next consecutive attempt.
28 November 2007
.
28 November 2007
No, in CA exams one does not have to get minimum marks in other subjects of the group to claim exemption.
So, if somebody get even below 30 he/she can claim exemption for the subject in which he/she scored above 60 marks.
Exemption can be carried for three consecutive attempts.
So, if somebody get even below 30 he/she can claim exemption for the subject in which he/she scored above 60 marks.
Exemption can be carried for three consecutive attempts.
28 November 2007
Thanks
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
- Under construction property in ITR
- Section 194JA & JB Income which ITR Form to use
- Scrutiny and reopening of past returns
- PPF interest-As Exempt Income disclosure
- Pass word to open justification report for Q1 for FY 2026-27
- Building tax payment deduction in rental Income
- Upload Level ValidationITR3Category of Defect B/D
- Booth for sales promotion
- Presumptive income under 2025 ACT
- GST ON TRAVELLING BILLS
- F & O PROFIT REPORTING FOR AY 2026-27
- 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
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
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
