Cs executive (suggestion please)

FRIENDS

I AM GOING TO WRITE CS EXECUTIVE IN DECEMBER-2011. I AM HAVING AN OPTION TO APPLY EXEMPTION (I HAVE FINISHED ICWAI) FOR TWO PAPERS 1) TAX LAWS AND 2) COMPANY ACCOUNTS, COST AND MANAGEMENT ACCOUNTING.

SUGGEST ME WHETHER TO APPLY EXEMPTION OR NOT.

I WANT TO CLEAR BOTH GROUPS IN THIS ATTEMPT. WHICH WAY IS BETTER FOR CLEARING EXAM, WHETHER TO WRITE 4 PAPERS (BY APPLYING EXEMPTION) OR WRITING 6 PAPERS (NOT APPLYING EXEMPTION)