banner_ad

CARO APPLICABLE

This query is : Resolved 
Profile Image

Profile Image

(Querist)
21 September 2008 when will be caro applicable
Profile Image

Bhaskaran Chackrapani Warrier

Profile Image

Bhaskaran Chackrapani Warrier (Expert)
21 September 2008 Caro applies to all companies except
1.a banking company as defined in Banking Regulation Act,1949.
2. an insurance company as defined in the Companies act,1956.
3.a company licensed u/s 25 of the CompaniesAct,1956.
4.a private limited company with paid up capital and reserves not more than Rs.50 lakhs and does not have outstanding loan exceeding Rs.25 lakhs or more from any bank or financial institution and does not have a turnover exceeding Rs. 5 crores.
Profile Image

Jitender

Profile Image

Jitender (Expert)
21 September 2008 caro will be applicable if any of the above criteria is not met at any time of the year given in point4 above.
Profile Image

Bhaskaran Chackrapani Warrier

Profile Image

Bhaskaran Chackrapani Warrier (Expert)
21 September 2008 You are right Mr.Jitender.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news


Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details