Follow Us :

THE INSTITUTE OF
Company Secretaries of India
IN PURSUIT OF PROFESSIONAL EXCELLENCE
Statutory body under an Act of Parliament
(Under the jurisdiction of Ministry of Corporate Affairs)

ATTENTION STUDENTS!

PAPERWISE EXEMPTION ON THE BASIS OF HIGHER QUALIFICATIONS

The Council of The Institute of Company Secretaries of India (ICSI), in its 294th Meeting of the Council held on Tuesday, the 14th February, 2023 has decided that the students enrolling to Company Secretary (CS) Course under New Syllabus, 2022 shall be eligible for paper-wise exemption (s) based on the higher qualifications acquired by them, as under:

Basis of Exemption Qualification

Exemption in paper(s) covered under Executive Programme Exemption in paper(s) covered under Professional Programme
Passed LL.B. (Three Years Degree Course / or Five Years integrated Law Course) from a recognized University / Institute either constituted under an Act of Parliament or approved by AICTE/AIU and having secured 50% or more marks in the aggregate.

(Qualification Code : 47)

Group – I

Paper-: Jurisprudence, Interpretation & General Laws

(Paper Code 521)

No paper-wise exemption is available for this qualification in any paper covered under Professional Programme
Final Pass Students of the Institute of Cost Accountants of India

(Qualification Code : 44)

Group – I 

Paper 4: Corporate Accounting and Financial Management (Paper Code 524)

Group – II

Paper 7: Tax Laws & Practice (Paper Code 527)

Group II

Paper 5: Strategic Management & Corporate Finance (Paper Code 535) 

Group – I

Elective Paper 4.2: Internal and Forensic Audit (Paper Code- 542)

Group- II

Elective Paper 7.2: Goods and Services Tax & Corporate Tax Planning (Paper Code- 552)

Or

Elective Paper 7.4: Banking & Insurance – Laws & Practice (Paper Code- 554) (Eligible for one exemption out of 7.2 and 7.4)

IMPORTANT INSTRUCTIONS FOR STUDENTS FOR CLAIMING PAPER-WISE EXEMPTION:

1. Students are required to apply for paper wise exemption in desired subject through ‘Online Smash Portal on website https://smash.icsi.edu and for procedure please follow the link:

https://smash.icsi.edu/Documents/Qualification_Based_Subject_ExemptionandCancellation_Student.pdf

2. Fee for paper wise exemption is Rs.1000/- (per subject) and is to be paid through ‘Online Smash Portal https://smash.icsi.edu ’ using Credit/Debit card or Net banking.

3. Students who have been granted exemption in Executive Programme Stage on the basis of having passed Final Course of The Institute of Cost Accountants of India are required to submit their request for exemptions afresh for papers covered under the Professional Programme Stage & the same are not granted automatically.

4. Students need to upload scanned attested copies of mark sheets of all parts/semesters of LLB degree or scanned attested copies of final pass certificate of the Institute of Cost Accountants of India.

5. Last date of applying Paperwise Exemption

Session Cut-off Date
June Session 9th April
December Session 10th October

For any clarification/information on the matter, students can submit their query at support portal: http://support.icsi.edu

A K Srivastava
Joint Secretary (Student Services, Coordination & Administration)

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

One Comment

  1. Rushabh Hariya says:

    Dear Sir,

    I have completed LLB, I have all the semester mark sheet & Degree certificate,

    also I am persuing CS Professional course,

    I want to know that, on the based of LLB Degree, Can I get any exemption in CS Profession Level?

    Kindly provide me Solution of the same query,

    Thanks & Regards,
    Rushabh Hariya
    M.Com, LL.B, D.T.P, PGDBM,
    CS Inter Cleared.
    M. 90161 21229

Leave a Comment

Your email address will not be published. Required fields are marked *

Search Post by Date
July 2024
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
293031