09 May 2018
Suppose I secured exemption in 1 paper of Group 2 of CA Final May 2018. But, in November 2018 attempt, I did not appear (not even registered in exam form) for Group 2, then still 3 carried forwards will remain or it will get reduced to 2.
24 May 2018
Extract from ICAI FAQs on Exemptions in a Paper:
Query: I secured exemption in Paper I of PCE/IPCE/Final exam in November 2009 exam. I did not appear in the exams held in May 2010, November 2010 and also in May 2011. I have submitted my exam application form for appearing in November 2011 exam. Can I get the exemption in the said paper in November 2011 exam?
Answer: No. The exemption obtained by you in November 2009 exam would last only for the next three exams, i.e. for May 2010, November 2010 and May 2011 exam, irrespective of the fact whether you appeared in those exams or not. The exemption you obtained in November 2009 examination stands exhausted now and will not be valid for November 2011 exam onwards. You will have to appear in the said paper once again in November 2011 exam.
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