How does exemption work in CA Intermediate?
You must have failed in the Group and should have secured a minimum of 60 Marks in any paper of that group. An exemption is valid for 3 immediately succeeding exams and will be carried forward automatically for the next 3 examinations.
What is exemption in ICAI exam portal?
Note that exemptions, if any, granted to a candidate in an examination are indicated on the statement of marks by way of a “#” sign against the marks of the paper in which exemption is granted and in such cases, where a candidate is granted exemption, the result of the group would be shown as “F-EX”, i.e. failed with …
What is exempt California?
Exempt employees are employees to whom important California wage and hour laws, such as overtime laws, do not apply. The largest class of exempt employees is executive, administrative and professional employees who earn at least twice the California minimum wage (the “white-collar exemption”).
What are exemptions in CA?
A candidate who has scored a minimum of 60\% in a paper or paper(s) in a group/unit shall be eligible for exemption in such paper. In order to claim the exemption, candidates must have appeared in all the papers of that Group/Unit. The exemption shall be valid only for the next three following examinations.
Are exemptions group-wise?
Ans. Yes, the exemption rules stated above are group-wise. If you scored 60+ in any paper of Group II in Nov 2018, then you will be given an exemption in such paper. The exemption is already given in Group I will not come in the way of exemption scored in Group II.
Can I get exemption in any paper of Group II in 2011?
Yes. You can get exemption in any of the papers of Group II in November 2011 exam. The exemption that you secured in Paper 3 of Group I does not come in the way of your getting exemption in any paper of Group II. Please note that the rules relating to exemptions are applied group-wise.
Is exemption valid if not appeared for ICAI exam in 2015?
No, the ICAI has clearly stated that exemption in any paper is valid for next three following attempts whether you have appeared in such or not. In the above case, you scored exemption in May 2015 which can be carried forward for Nov 2015, May 2016 and Nov 2016 also.
How to check exemption status of exempted subject in CA exam?
From May 2014 exam onwards, ICAI has initiated that CA candidates can check the exemption status online whether the particular subject is valid for the next attempt or not. For the May attempt, the validity of exemption will be upload by 15th April. For the November attempt, the validity of the exemption will be uploaded by 15th October. Q1.