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What abt caro 2003 ?

Paridhi Anand (Student CA IPC / IPCC) (72 Points)

12 April 2015

Hi all,

Please tell me whether we have to study CARO 2003 for the forthcoming exams ie IPCC May 2005???

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13 Replies

Kishor Bhat (CA final CS executive (from Bangalore)) (1881 Points)
Replied 12 April 2015

Caro 2003 has already been withdrawn since the effect of new companies act. No need to study.

Akansha (student) (92 Points)
Replied 13 April 2015

And do we have yo study the new CARO notified by MCA as on 10.04.2015 ?

Kishor Bhat (CA final CS executive (from Bangalore)) (1881 Points)
Replied 13 April 2015

@ akansha...caro 2015 also not applicable for May 2015.

CA AnKiT BoHrA (AB) (Manager) (25955 Points)
Replied 13 April 2015

CARO Not applicable for may 15 exams

Akansha (student) (92 Points)
Replied 13 April 2015

Thanks Kishor. CARO earlier used to come for 10 marks. In these exams,what can we expect of those 10 marks?

CA AnKiT BoHrA (AB) (Manager) (25955 Points)
Replied 13 April 2015

You cant predict dear....What ICAI wil ask in these exams for those marks which CARO carries

Kishor Bhat (CA final CS executive (from Bangalore)) (1881 Points)
Replied 13 April 2015

Agree with ankit...we cant expect yr. Caro is the part of companies act so to some extent we can say those 10 marks may come from new companies act portion only. But, 100% no assurance.

Akansha (student) (92 Points)
Replied 13 April 2015

Yup, but still the level of easy questions coming in exams has decreased.

Akansha (student) (92 Points)
Replied 13 April 2015

Yup, but still the level of easy questions coming in exams has decreased.

CA AnKiT BoHrA (AB) (Manager) (25955 Points)
Replied 13 April 2015

ICAI doesnt asks tough questions ususally in mah personal experience... Questions are more logical thn being tough... And thats expected from students to apply the logics

Kishor Bhat (CA final CS executive (from Bangalore)) (1881 Points)
Replied 13 April 2015

Ya that's true. Some times SA portion reaches till 45marks n smtimes 10. So, its difficult to read icai's mind.

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Nitish Agrawal (CA) (810 Points)
Replied 13 April 2015

CA Connect India Dear Student, We are aware about the fact that CARO 2003 is not applicable for May,2015 exams .Further it was not applicable for Nov. 2014 exams also. But even though There was some questions in Nov. 2014 Exams which was based on CARO 2003. on the basis of that We are Saying that CARO 2003 can be asked in May 2015. It is a suggestion to all students that Dnt leave CARO 2003.

Kishor Bhat (CA final CS executive (from Bangalore)) (1881 Points)
Replied 13 April 2015

Nov14 exam was based on financial year 2013-14. So, at that point of time Caro 2003 was in force so caro was applicable n asked in nov14 exam. Now may15 exam wch is based on FY2014-15. For this year caro2003 is not at applicable. Even icai said this point.

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