For those PE2 students who have cleared any one group and stucked in another group and now as MAY 10 was last attempt, now compulsory to switch to IPCC.
So many students are in a dillemma that whether to give both groups in IPCC though or single group.
My relative Chartered Accountant has phoned to Noida Institute and got the feedback that watever group you have cleared in PE2, will be exempted in IPCC.
In IPCC there are two accounts. So for PE2 student who has cleared group 1 would get exemption in Both accounts, audit and law. And for PE2 student who has cleared group 2 would be exempted in costing, FM, Incometax, Infotech.