Caro
This query is : Resolved
Guest
Guest
(Querist)
10 October 2013
Matters to be included in CARO ?
CARO applicability for each company ?
Format for CARO ?
to which report it's to be attached with
Thanks
CARO applicability for each company ?
Format for CARO ?
to which report it's to be attached with
Thanks
10 October 2013
www.knowledgebible.com/forum/showthread.php/5525-CARO-2003-Applicability-of-the-Companies-auditors-report-order-Companies-not-Covered-by-the-Order-Private-Limited-Company-Paid-up-Capital
Ajay Mishra
(Expert)
10 October 2013
Hi
No, it will not applicable on Banking Company, Insurance company, Section 25 Company and Private Company:
'a private limited company with a paid up capital and reserves not more than rupees fifty lakh and which does not have loan outstanding exceeding rupees twenty five lakh from any bank or financial institution and does not have a turnover exceeding rupees five crore at any point of time during the financial year.
No, it will not applicable on Banking Company, Insurance company, Section 25 Company and Private Company:
'a private limited company with a paid up capital and reserves not more than rupees fifty lakh and which does not have loan outstanding exceeding rupees twenty five lakh from any bank or financial institution and does not have a turnover exceeding rupees five crore at any point of time during the financial year.
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