13 February 2013
sir, actualli igot 270 marks in first group and i have failed in second group at first time when i attemted in november 2011 and then started my articles then i did not attempt for ipcc 2nd group for next 2 attempts , my query is how many marks should i get to qualify ipcc 2nd group now in may 2013 attempt.
i have in my mind that i have attemted both groups in nov 2011 and got 270, so now i can get 40 in each subject to qualify 2nd group because i got excess marks in first group.
please find above query i will thankful to you sir.
You can get benefit of exemption in following 3 attempt. So, as per this you will be eligible to get benefit of exemption and for passing you should secure minimum 40% in balance subjects.
13 February 2013
a candidate who has appeared in all the papers comprised in a group / unit and fails in one or more papers comprised in a group / unit but secures a minimum of 60 percent 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 percent marks. He shall be declared to have passed in that group / unit if he secures at one sitting a minimum of 40 percent marks in each of such papers and a minimum of 50 percent of the total marks of all papers of that group / unit including the paper or papers in which he had secured a minimum of 60 percent marks in the earlier examination referred to above. He shall not be eligible for any further exemption in the remaining paper(s) of that group / unit until he has exhausted the exemption already granted to him in that group / unit.
The implications of above paragraphs are clarified below for general information of candidates: (a) That in order to derive benefit of this proviso, a candidate who has failed in a group/unit, should have secured a minimum of 60 marks in any paper/s of the group. (b) That the above exemption is automatic and will be found indicated in the statement of marks issued to the candidate. (c) That the marks of 60 or more secured in one or more papers mentioned in sub para (a) above are carried forward automatically for the immediately next three following examinations. (d) That the candidates will be declared to have passed in the said group/unit in anyone of the next three following examinations if he secures in a single sitting a minimum of 40 percent marks in each of the other papers and an aggregate of 50 percent marks. For the purpose of arriving at the aggregate as already stated in sub-paragraph (c) above, 60 marks or more secured earlier will also be taken into consideration. (e) That the exemption will be granted only when a candidate is present in all the papers of the group/unit. The candidate is not eligible for any further exemption in that group / unit under this proviso in the next three following examinations (i.e. till the validity of the exemption already granted). Frequently Asked Questions on "Exemption(s) in a paper(s)", “Intermediate (IPC) Examination Unit Scheme of Examination” are hosted on the FAQ section of the Institute’s website, www.icai.org. Candidates may visit the same for detailed clarifications.