All of you pls make ur self understand that ICAI allows exemption only if any1 secures 60 marks or above in any paper and dat too is valid for Next 3 attempts counting 1 st attempt form the exam in which 60 or mopre is scored.
for eg.if any1 gets 60 in accounts in May 2011 exam den exemption is strictly allowed for next 3 attempts counting from Nov 2011,may 2012 and nov 2012 after dat exemption lapses and again such person has to appear for that paper in which he got exemption earlier .
And there is no scheme to change exemption from one paper to another .i.e if exemption is in accounts it cannot be used on any other paper but only in accounts for next 3 attempts only.
Hope all the querries are solved by this ans.