Confusion regarding exemption

Originally posted by : Shaan Bhasin
	Hi I had the exemption in IDT in Nov'13 and in this attempt i got 60 in DT.I have below questions: 1. How long the exemption will remain eg. as i got the exemption in IDT in Nov'13 will it remain till May'15 ? 2. Can i claim exemption in DT as well now if not Will i get an option to choose between DT and IDT ? Thanks,

1. An exemption is valid for three immediate succeeding exams. 
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Hence, exemption obtained by you in IDT paper in Nov’13 exam, would last only for the next three exams, i.e. for May’14, Nov’14 and May’15 exam, irrespective of the fact whether you appear in those exams or not.
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2. As long as exemption in one or more paper(s) of a group, brought forward from an earlier attempt is subsisting, no further exemption in any paper in that group will be given, even if one secures 60% or more marks in any paper in that group.
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The exemption that you secured in IDT paper in Nov’13 exam will last till May’15 exam. Hence, you will not get any exemption in DT paper in Nov’14 exam even though you secured more than 60% marks in that paper.
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- Read ICAI Exemption FAQs