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Exemption quarey

sam data (bo) (25 Points)

23 January 2013

I got the exemption in group - 1 of paper -4 in May-2012

Then i given the exam in Nov - 12

then i got the exemption in paper - 8

but not clear any group.

I can claim the exemption in both paper or any one paper ?

please solved my Quarey

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7 Replies

Vaisakh Ayyappan Prakash(VAP) (student) (474 Points)
Replied 23 January 2013

He shall be declared to have passed in that group 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 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 until he has exhausted the exemption already granted to him in that group.”;

As per ICAI

Vaisakh Ayyappan Prakash(VAP) (student) (474 Points)
Replied 23 January 2013

oh yes you can my mistake

karthikeyan.v (Chartered Accountant) (523 Points)
Replied 23 January 2013

Dear sam

if u have got exemption in paper 1 that is I group and now in Paper 8 that is from the second group, u have got exemption in both the papers, u need to write the balance 3 papers in each group and celar the respective groups with in 3 attempts from the attempt u have got exemption, u need not make any clain for it it is automatic, u need to specify in the application form for May 2013 that u have got exemption in paper 1 and paper 8 in the respective coloums in the aopplication form.

regards

karthi

karthikeyan.v (Chartered Accountant) (523 Points)
Replied 23 January 2013

dear sam,

since u have got exemption in may 12 in paper 4, which is group I and now in paper 8 which is in group II both papers are exempt for the comming May 13 exam

study well and clear both groups in it, all the best

karthi

1 Like

CA sanjeev kumar (professional) (258 Points)
Replied 23 January 2013

Exemption is valid for 3 attempts from the succeeding attempt eg if u got exemption in May 2012 then it is valid till nov 13.Why don't you call or mail ICAI for clarification.

CA Bhargav Nathwani (CA in Practice) (8307 Points)
Replied 23 January 2013

You can claim Both! Go ahead.. congratulations for 1 Subject..!

pemmaiah (Article) (21 Points)
Replied 27 January 2013

Hi sam, i got exemption in paper 4 and paper 6 in may 2012 and I wrote only rest of the 6 papers in nov 12 attempt and cleared both group and considered as pass . So i can say u can carry both exemptions at a time.