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ICAI EXEMPTION RULES FOR CA EXAM

ICAI Exemption Rules for CA Exam

icai exemption rules for ca exam

Generally, most CA Intermediate and CA Final students who are going to enroll for the CA course in future, have a misconception in their minds about the Exemption rules made by the ICAI, and the resultant they are also misguided by their friends and/or other anonymous people who are not aware of CA exemption.

They have an assumption that they’ll get an exemption if they score above 60 marks in a single paper and in reality, they do attend other papers by absenting themselves for the rest of the papers and nothing else.

So many times, even after scoring more than 60% they use to ask why ICAI has not granted an exemption?

Hence, in this article, we provide answers to all your queries and also make you aware of the Exemption Rules drafted by ICAI. But before that, let’s understand the passing requirement for IPCC and CA Final as well.

ICAI Exemption Status 

As per the ICAI guidelines, a candidate shall be declared to have passed in CA IPCC and CA Final by scoring a minimum of 40% marks in each individual subject and 50% marks in aggregate of all the subjects at one sitting either both the groups or a single group.

ICAI Exemption Rules 

  • 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.
  • The candidate shall be declared to have passed where he has scored minimum 40% marks in individual subject and 50% marks in aggregate of all the subjects including the paper in which he has secured exemption in the earlier attempt.
  • Once the exemption has been claimed in a group/unit, the candidate will become ineligible to further claim any exemption in that group/unit until he/she has exhausted the exemption already granted.

CA Exemption for ICAI FAQ (Frequently Asked Questions)

Some of the most frequently asked questions on how a CA student can get an exemption is mentioned in the below CA Exemption for ICAI FAQ:

  1. What are the passing requirements for the CA Intermediate/Final exam? 

a) A candidate shall ordinarily be declared to have passed in both the groups simultaneously if he-  

  • secures at one sitting a minimum of 40% marks in each paper of each of the groups and minimum of 50% marks in the aggregate of all the papers of each of the groups; or  
  • secures at one sitting a minimum of 40% marks in each paper of both the groups and a minimum of 50% marks in the aggregate of all the papers of both the groups taken together. 

b) A candidate shall be declared to have passed in a Group if he secures at one sitting a minimum of 40% marks in each paper of the Group and minimum of 50% marks in the aggregate of all the papers of that Group. 

  1. What are the rules regarding “exemption” and the validity period?  
  • A candidate who has appeared in all the papers comprised in a group/unit and fails in one or more papers comprised in that group/unit but secures a minimum of 60% of the marks in any paper or papers of that group/unit shall be eligible for exemption in that paper or papers in the next three following examinations.  
  • He shall be declared to have passed in that group/unit if he secures at one sitting a minimum of 40% marks in each of the papers of that group/unit and a minimum of 50% of the total marks of all the papers of that group/unit including the paper/s in which he had secured a minimum of 60% marks in the earlier examination.  
  • He/she shall not be eligible for any further exemption in the remaining paper(s) of that group/unit until he/she has exhausted the exemption already granted to him in that group/unit.  
  • The implications of the above paragraph are clarified below: 
  1. You must have appeared in all the papers of the group/unit.
  2. You must have failed in the group/unit and should have secured a minimum of 60 marks in any paper/s of the group/unit. 

The exemption is automatic and will be found indicated in the statement of marks issued by the Institute. 

  1. An exemption is valid for three immediate succeeding exams and will be carried forward automatically for the next three examinations. 
  2. A candidate shall be declared to have passed in a Group/unit if he secures at one sitting a minimum of 40 percent marks in each paper of the Group/unit and a minimum of 50 percent marks in the aggregate of all the papers of that group/unit. For the purpose of arriving at the aggregate marks, 60 percent or more marks secured earlier will also be taken into account. 
  3. As long as an exemption in one or more paper(s) of a group/unit, brought forward from an earlier attempt is subsisting, no further exemption in any paper in that group/unit will be given, even if one secures 60% or more marks in any paper in that group/unit.  

The above rules relating to “Exemption” are common to all the exams, i.e., CA Intermediate(Old & New Syllabus) and Final (Old & New Syllabus), conducted by the Institute. 

  1. I secured an exemption in Paper I of the Intermediate/Final exam in November 2009 exam. I did not appear in the exams held in May 2010, November 2010 and also in May 2011. I have submitted my exam application form for appearing in November 2011 exam. Can I get the exemption in the said paper in November 2011 exam?

No. The exemption obtained by you in November 2009 exam would last only for the next three exams, i.e. for May 2010, November 2010 and May 2011 exam, irrespective of the fact whether you appeared in those exams or not.
The exemption you obtained in November 2009 examination stands exhausted now and will not be valid for November 2011 exam onwards. You will have to appear in the said paper once again in November 2011 exam. 

  1. I appeared, say, in Papers 1 and 2 of Group I and remained absent in the remaining paper(s) of Group I of Intermediate/ Final and secured more than 60% of the marks in both the papers. However, my mark sheet does not show any exemption in those two papers. 

To be eligible for exemption in any paper of a group in any of the exams (Intermediate/Final), you should have appeared in all the papers comprised in that group. In your case, though you obtained more than 60% marks in two papers, you will not be eligible for exemption in those two papers since you did not appear in all the papers of that group.

  1. How do I know that I am eligible for exemption in a paper? 

The fact that you are eligible for exemption in a paper, will be found indicated in the statement of marks, issued by the Institute, by way of a symbol “#” against the marks of the paper(s) in which you had secured a minimum of 60% marks. 

In your statement of marks, you will find the alphabet “E” marked against the marks of already exempted paper(s) carried forward from an earlier examination, provided the exemption is still valid. 

  1. I secured an exemption in Paper IV( Group II) of Intermediate/Final in May 2011 exam. I have submitted my exam application form for appearing in Group II of the November 2011 exam. Is the exemption automatic or do I have to specifically mention in my exam application form that I got exemption in Paper IV in May 2011 exam? 

An exemption is valid for three immediate succeeding exams and will be carried forward automatically for the next three examinations. However, you are required to give details of the exemption(s) secured by you in the immediate three preceding exams, in your exam form, which will help us to cross-check with our database. 

  1. I secured an exemption in Paper 3 (Group I) of Intermediate/Final in the November 2009 exam. I appeared in Group I in May 2011 exam once again and secured more than 60% marks in Paper 2 of (Group I) of Intermediate/Final. However, I did not get exemption in Paper 2 even though I secured more than 60% marks in that paper? Why is it so? 

As long as exemption in one or more paper(s) of a group/unit, brought forward from an earlier attempt is subsisting, no further exemption in any other paper in that group/unit will be given, even if you secure 60% or more marks in any other paper in that group/unit.

You will not be eligible for any further exemption in the remaining paper(s) of that group until you have exhausted the exemption already granted to you in that group. 
The exemption that you secured in a paper in November 2009 exam lasted till May 2011 exam. Hence, you did not get any exemption in Paper 2 in May 2011 exam even though you secured more than 60% marks in that paper. 

  1. I secured an exemption in Paper 3 (Group I) of Intermediate/Final in the November 2010 exam. I intend to appear in Group II in November 2011 exam and applied for the same. Can I get exemption in any paper in Group II in November 2011 exam if I secure more than 60% marks in any of the papers of Group II? 

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. 
However, you will not be eligible for any further exemption in the remaining paper(s) of Group I until you have exhausted the exemption already granted to you in that group. 

But paper wise exemption secured on the basis of 60% or more marks in a paper(s) of Intermediate is available for the corresponding paper(s) for the unexpired chance(s), as per details are given below: 

9. I had earlier secured exemption in a paper(s) in a group(s), on the basis of having secured a minimum of 60% marks in the paper(s), which will be valid for the forthcoming examination. If I appear in the remaining papers in both the groups in the forthcoming examination, will I be eligible for a rank? 

No. You will be eligible for a rank only when you appear in all the papers of both the groups, in one sitting, without any carry forward exemption(s) and pass the examination, securing the marks above the cut off level.

Conclusion – In the above article, we have discussed the IPCC and CA Final Passing percentage requirements and the rules stated by ICAI in respect of exemption in CA Papers. Besides that, we have also mentioned frequently asked questions relevant to the exemption for the Inter and final course for students related to such rules.

We hope your expectation with related to ca exemption has solved your queries, We presume you discover this article accommodating, so share it with greatest to CA students and others who gonna pursue in future and remain on top of us for all the more updates.

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1 comments
  1. Anusha says:

    If I got more than 60 marks in 2 papers of group 1 and failed in remaining papers. Is it possible to avail 2 exemptions for next attempt??

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