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...
CAclubindia
