Urgent about exemption

648 views 4 replies

Hei Friends

I have Exempted Costing & FM in MAy 2010 and then in Nov 2010 I secured 66 marks in PCE

 

For the PCE May 2011 exam i filled for IT SM only since Exemption is eligible for 3 attempts

Unforunatiely I got only 35 marks in IT & SM..........  bt ma results shows Absent for Taxation paper which was exempted in nov 2010

 

IS this wrong......???????? or my exemption is forfeited........????????

plz help me..........

Replies (4)
TO THE BEST OF MY KNOWLEDGE YOU CAN CLAIM EXEMPTION FOR ONLY ONE SUBJECT. PLEASE CONFIRM.
So now you have to write both tax and it papers. Please make sure. Don't take risk:)

As per my knowledge u can claim only one exemption. If u get exemption in single sitting u can claim both, otherwise u can claim only one ie costing exemption since u have not surrendered it. Pls contact ur nearest ICAI branch 

in my opinion it is better .

This incident happended with my friend in ca final too. according to icai u can claim only th exemption which u secured earlier examination in a particular group in ur case which happens to b may 2010.

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