18 February 2016
In my opinion if you secures more than 60 marks in single time you may claim exemption in 2 papers.
http://resource.cdn.icai.org/24309announ14197.pdf
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.