Exemption related query

Final 529 views 3 replies

Prachi

student

43 Points Joined August 2009

Hi frnds,

I am a student of final old course.I got exemption in MAFA in June 2009 exams.However,my aggrergate was less in both june and nov 09 exams so i havent cleared the grp so far.For the forthcoming May exams i may not be able to appear for the 1st grp.As far as i know,an exemption is carried forward for 3 subsequent attempts.So of June 09 exam i can avail the exemption for nov09,may 2010 and nov 2010 exams.But if i cannot appear for 1st grp in may 2010 exam can i still avail the exemption in MAFA for nov 2010 exam or will it lapse? i.e Is appearence in 1st group in may 2010 exam mandatory for carry forward of the exemption to nov 2010 exam? Pls reply...

Replies (3)

CA Amit Jaiswal

Finance Manager

2720 Points Joined September 2008

hi,

Congrats for exemption in MAFA.

U can Carry Forward the exemption for 3 attempts.

U got exemption in June 2009. So the exemption is valid for Nov'09 May'10 and Nov'10.

I think U should appear for the First group in May 2010 attempt and give it a top priority as it will be more easy and convinient to clear that group.

BEST OF LUCK