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regarding exemption

akshay (student) (28 Points)

05 November 2010

Hey..I dont hv not any prep for IPCC group1 papers....so I want 2 know that is there any possibilities of getting exemption in one paper if i get more than 60 marks in that paper.....like if i get 60 marks in accounts and below 30 marks each in rest subjects...so then wil i get exemption for not giving this account paper in my next attempt...

Waitin for an early reply..

thanx and regard....

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8 Replies

bharat (a) (153 Points)
Replied 05 November 2010

for exemption new rule is that u have to give all exam containing in group no need of 30marks in other subject but have to present in all papers

Nikhil Kothari (CEO at Sequinox Business Advisories) (4671 Points)
Replied 06 November 2010

No you cant get exemption.

As per ICAI exam rule, say if u get 60+ marks in Accounts of group 1 and less than 30 marks in other subjects of the same group, you cant claim exemption because, to cliam exemption in any paper you have to score 60+ in that paper and 30+ in other papers on the group.

dinesh (Chartered Accountant) (276 Points)
Replied 06 November 2010

you can get exemption after getting 60 marks in a subject there is no need to get 30 in other subject. one of my friend has given exam in may he got 23 marks in law and 62 marks in a/c and he got exemption.

CA Himanshu Bansal (Risk Manager) (2345 Points)
Replied 07 November 2010

I dont know where its written that one need to score at least 30 marks in all other subjects to claim exemption in subject scoring 60 + ..

Those who says so,provide with some source..Please make it clear backed wth some source.

CA Lokesh Pokharna (CA (Ahmedabad Bhilwara Chittorgarh)) (4128 Points)
Replied 07 November 2010

yes, no need to score in rest papers, just present required even u get 1 no in rest amd 60+ in accounts u rr eligible for exemption

Nikhil Kothari (CEO at Sequinox Business Advisories) (4671 Points)
Replied 08 November 2010

It was said by Paras Bafna, an Expert of CAClubindia.

Please refer the below link,

/experts/exemption-504450.asp

nitin kumar vijay (Manager(Accounts)) (282 Points)
Replied 08 November 2010

Originally posted by : bharat
	for exemption new rule is that u have to give all exam containing in group no need of 30marks in other subject but have to present in all papers