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MCA notifies CARO 2016


MCA notifies CARO 2016 PFA the attachment for details

CARO 2003 and additional reporting under new Companies Act


ANNOUNCEMENT ON CARO 2003 AND ADDITIONAL REPORTING UNDER THE COMPANIES ACT 2013 We are receiving queries from the members regarding applicability of CARO 2003 along with Auditors Report on financial statements of companies for the financial year 2014 15 The Ministry of Corporate Affairs MCA is worki

Highlights of the Companies Bill


Highlights of the Companies Bill as passed by the Lok Sabha on 18 12 12 and by the Rajya Sabha on 08 08 13 The Bill has 470 clauses as against 658 Sections in the existing Companies Act 1956 The entire bill has been divided into 29 chapters Many new chapters have been introduced viz Registered Value

Highlights of the Companies Bill, 2011


Highlights of the Companies Bill 2011 as passed in Lok Sabha on 18 12 12 1 The Bill has 470 clauses as against 658 Sections in the existing Companies Act 1956 2 The entire bill has been divided into 29 chapters 3 Many new chapters have been introduced viz Registered Valuers ch 17 Government companie

Clarifications in respect of new serivces and amendments to existing services after enactment of Finance Bill 2011


Clarifications on new services specified in clauses zzzzv and zzzzw of section 65 105 of the Finance Act 1994 and amendments to existing clauses of same section LETTER D O F NO 334 3 2011 TRU DATED 25 4 2011 The new services specified in clauses zzzzv and zzzzw of section 65 105 of the Finance Act 1

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Experts Opinions

Caro 2016


While calculating loans from banks and financial institutions under CARO 2016 will we include loan from NBFC

Caro 2016


HELLO EXPERTS ONE OF MY CLIENT HAS TAKEN LOAN FROM FINANCIAL INSITUTE OF AMOUNT MORE THAN 1 CRORE AND HAS PAID UP CAPITAL AND RESERVES OF MORE THAN 1 CRORE HOWEVER TURNOVER IS BELOW Rs 12 LACS AS PER CARO 2016 THE WORD AND IS USED BETWEEN ALL THE THREE CONDITIONS MY QUERY IS THAT 1 WHETHER CARO 2016

caro


from where I should practice questions on caro 2016 as institute didn t release new Practice manual

With out caro audit report


please send me audit report for a small pvt ltd company for fy 2015 16 without caro implications

CARO 2016 APPLICABILITY


whether guidance notes on CARO 2016 applicable or not

Discussion

Caro applicability

WHAT ARE THE CRITERIA FOR COMPANY AUDIT REPORT CARO APPLICABILITY

Caro

Whether immovable property held in the name of the director should be reported in the CARO of the company

CARO 2016 applicability

One of my client Co has Rs 1 52 00 000as share capital and Rs 65 00 000 as Reserve surplus Whether CARO 2016 applicable or not

Caro 2016

Is CARO applicable only if company satisfies all 3 conditions PSC Reserves 1 cr borrowings 1 cr turnover 10 cr or any one of the conditions

Caro

Whether caro2016 is applicable for Nov 16

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Articles

Comparison of CARO reporting as per Companies Act, 2013 and Proposed Caro (2016)


Comparison of CARO reporting as per Companies Act 2013 and Proposed Caro 2016 The Ministry had set up a Committee on 16th September 2015 to examine and recommend matter for inclusion in the statement to be attached with Auditors Report under Section 143 11 of the Companies Act 2013 for the financial


Recent changes in CARO 2016


The Ministry of Corporate Affairs has notified the Companies Auditors Report Order 2016 CARO 2016 vide its Notification no S O 1228 E dated 29th March 2016 This Order supersedes the Companies Auditors Report Order 2015 dated 10th April 2015 and shall be applicable for the financial year commencing o


CARO 2015: A Student's Guide


Section 143 11 of the Companies Act 2013 states that the Central Government may order for the inclusion of a statement on specified matters in the Auditors Report for specified class or description of companies Hence CARO 2015 has been issued by the Central Government as additional matters to be com


CARO 2015 - in short


CARO 2015 Applicability Applies to all companies including foreign companies Except It is not applicable to Insurance co banking co charitable organizations one person Company private company with equity of not more than 50lacs loan not exceeding 25lacs sales not exceeding 5crores Matters to be cove


Practical Application of CARO, 2015 (through FAQs)


The Ministry of Corporate Affairs on 10th April 2015 notified the Companies Auditors Report Order 2015 CARO 2015 The text of the Order is available on the following URL http www mca gov in Ministry pdf Companies Auditors Report Order 2015 pdf The governing law for CARO 2015 is the Companies Act 201


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Updated on : 9/25/2016 5:10:12 AM


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