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Exemption in ipcc

IPCC 408 views 2 replies

Faiz

Student CA Final

43 Points Joined May 2015

Hello, I m a Ca-Ipcc student, I Got exemption in accounts and tax exam in Nov 2014 exam but unfortunately failed in law, Now in may 2015 I have appeared in law and cost, fm exam but I m hopeless in cost, fm Will my exemption on accounts and tax be available for Nov 2015 exam in case I fail in cost fm this time.? Urgent!!

Replies (2)

Deepak Gupta

CA Student

15932 Points Joined May 2011

An exemption is valid for three immediate succeeding exams.
.
Hence, exemption secured by you in A/c and Tax paper during Nov’14 exams, will be valid for the next three exams, i.e. May’15, Nov’15 and May’16 exams, irrespective of the fact whether you appear in these exams or not.