Caro report
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 February 2013
when is CARO report is prepared i.e., along with tax audit report or with statutory audit report.
If a company is having statutory audit period as jan to dec then, along with statutory audit report, is it required to prepare CARO report.
kindly help.
If a company is having statutory audit period as jan to dec then, along with statutory audit report, is it required to prepare CARO report.
kindly help.
11 February 2013
CARO report IS prepared only when any of the following condition is satisfied
1) turnover exceeds RS 5 crore or
2) loans form financial institution exceed RS 25 lakh or
3) share capital and reserve & surplus exceed RS 50 lakh
1) turnover exceeds RS 5 crore or
2) loans form financial institution exceed RS 25 lakh or
3) share capital and reserve & surplus exceed RS 50 lakh
11 February 2013
first of all caro report requirement is related to statutory audit report..yes caro report is applicable .period is not important.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- TAN for Partnership
- Treatment of Pension ?annuity returns on PMVY
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Sales return eway bill
- Free lancer income
- Loan by Partnership Firm
- TDS related Query_Liquidated Damages
- Long Term Service award taxability in hands of company
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
