my cm & fm subject exempt in nov.10 and income tax in may 10 exam. for may 11both subject are exemted are not or only one subject exemted
replay me as early as possible
contrac no 09028961356
MITHLESH PARDHI (Patner) (88 Points)
14 February 2011my cm & fm subject exempt in nov.10 and income tax in may 10 exam. for may 11both subject are exemted are not or only one subject exemted
replay me as early as possible
contrac no 09028961356
ISHA.
(Chartered Accountant)
(105 Points)
Replied 14 February 2011
BOTH ARE EXEMPTED... ALL THE BEST
nitinmane
(Audit Semi Senior)
(29 Points)
Replied 14 February 2011
Hi, Mithlesh, As per rules and regulation of CA Institute, we can claim only one exemption per group. It means that if you get two exemption in same group then you have to claim either earlier exemption or claim new exemption.Two exempt. can not be claimed at time.
NUKUL GARG
(Senior Associate Consultant)
(1231 Points)
Replied 14 February 2011
your exemption of May'10 attempt i.e, in tax is valid only.
u can't claim ur nov.'10 exemption.
because for getting exemption u have to appear in all the papers of a group,but in nov.10 u had not appeared in tax,so no exemption.