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 Exemption in a Paper(s) for ICAI Examinations

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 Exemption in a Paper(s) for ICAI Examinations

ICAI provides an exemption to candidates who secure 60% or more marks in any paper of a group but fail the group overall. This exemption is valid for the next three consecutive examinations, subject to specific rules and conditions.


Rules Regarding Exemptions

  1. Eligibility:
    • A candidate must appear in all the papers of the group.
    • Must secure 60% or more in one or more papers but fail the group.
  2. Exemption Validity:
    • Exemptions are valid for the next three consecutive examinations.
    • Candidates must pass the remaining papers of the group with a minimum of 40% marks in each and 50% aggregate, including exempted marks.
  3. Carry Forward of Exemption:
    • Automatically reflected in the subsequent examination statement of marks.
  4. Key Limitations:
    • Candidates cannot claim another exemption in the same group until the existing exemption is exhausted.

FAQs on Exemption in a Paper(s)

  1. What are the passing requirements?
    • Secure 40% in each paper and 50% aggregate in all papers of the group or both groups together.
  2. How long is the exemption valid?
    • Valid for the next three consecutive examinations.
  3. Can I get another exemption in the same group?
    • Not until the existing exemption is exhausted.
  4. Is the exemption automatic?
    • Yes, it is automatically reflected in your statement of marks.
  5. What happens if I don’t appear in the next three exams?
    • The exemption will lapse after three consecutive exams, regardless of appearance.



Eligibility: You must appear for all group papers and secure 60% or more in one but fail the group. Validity: Exemptions are valid for the next three consecutive exams. Multiple Exemptions: You can't claim another exemption in the same group until the existing one is used. Skipping Exams: The exemption lapses after three consecutive exams, even if you don't appear

Author 1FIN by IndigoLearn
1FIN by IndigoLearn
16-Mar-2025
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