A friend of me told that the exemption we got in old scheme wont be allowed to carry forward to new scheme on conversion..ICAI suggests only for groupwise exemption ies who passed 1 st group in old scheme need nt reappear for 1 st group exams in New Scheme...
But no subjectwise exemption is provided...ies if we get a 60+ mark in any subject of this exam we wont be allowed to carry forward it to new scheme..
Anyone has any information regarding this?