CMA group 1 inter

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K-577-PRADEEPA E (Querist)
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20 February 2022 I have scored 74 in law paper and fail in tax and got 55 marks in both financial accounting and cost accounting.... Which subject I wl get exempted

Asha Kanta Sharma

Asha Kanta Sharma

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06 July 2024 Based on your scores:

1. You scored 74 marks in the Law paper, which is a passing score.
2. You scored 55 marks each in Financial Accounting and Cost Accounting.

For exemption rules in CA exams, typically:

- You need a minimum score of 60% in a subject to be eligible for exemption.
- The exemption is granted if you have scored 60% or more in a subject and have appeared in the remaining subjects of that group.

In your case:

- You scored 55 marks in both Financial Accounting and Cost Accounting, which is below the exemption threshold of 60%.
- Therefore, based on your scores, you would not be eligible for exemption in either Financial Accounting or Cost Accounting.

To qualify for exemptions in CA exams, ensure you meet the minimum score requirement of 60% in the subjects you wish to claim exemption for, and also fulfill any other conditions specified by the Institute of Chartered Accountants of India (ICAI). It's recommended to review the latest exemption rules and regulations from ICAI for specific details applicable to your situation.

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