Exemption Rule

CA Prakhar Gupta (Chartered Accountant) (35 Points)

21 July 2011  

I am student of CA final and I gave my first attempt in nov 2010 and cleared I st group and got exemption in Indirect taxes so in may 2011 exams I have given balance three papers and got marks as below.

 

Final Examination Result

The Institute of Chartered Accountants of India

Examination Results,May/June 2011

ROLL Number 47671 *Check Merit

Name PRAKHAR GUPTA

Group II

Advanced Management Accounting 071

Information Systems Control and Audit 025

Direct Tax Laws 064

Indirect Tax Laws 060E

Total 220

Result FAIL

Grand Total 220
 
I want to clarify that in next attempt will I have to give only ISCA paper as I have scored more than 60 marks in two papers or all the three papers next time.
 If not will i am entitled for exemption in direct taxes and managment accounting after surrendering my previous exemption in indirect taxes because i have heard that only one time exemption is recognised?
 
Please help-Urgent...
I will be thankful.