Is there any requirement by the icai, when exemption is exhausted then any communication or application by the student?
what is surrender of exemption ?
2 Replies
Sathish M
(Management Accountant)
(40581 Points)
Replied 04 February 2014
While filling your exam application form you get to know, whether you still have exemption benefit or it has got exhausted.
As you may be aware that an exemption granted to a candidate is automatic. Thus when you are entitled for exemption in such paper(s) and do not intend to avail exemption you can surrender it at the time of filling exam form.
Ankush sharma
(Auditor Article Assistant)
(816 Points)
Replied 05 February 2014
SURREDER OF EXEMPTION MEANS THAT YOU DONT NEED TO AVAIL THE EXEMPTION
PROCEDURE INVOLVES FILING OF AFFDAVIT AND HAND WRITTEN LETTER TO THE INSTITUTE THAT YOU DONT NEED THAT EXEMPTION
REASON IS WHEN YOU AVAIL THE EXEMPTION
THEN YOU CAN NOT BE A RANK HOLDER
ALSO YOU CANNOT AVAIL ANY MORE EXEMPTION IN THE SAME GROUP
EXEMPTION LAST FOR NEXT 3 SUCCEDING 3 ATTEMPTS WHETHER YOU WRITE YOUR EXAMS OR NOT, THERE IS NO WAY YOU CAN SKIP THE EXEMPTION TO NEXT EXAM
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