REGARDING APPLICABILITY OF CARO 2020
This query is : Resolved
Suresh S. Tejwani
(Querist)
22 August 2023
WHETHER COMPANY WITH TURNOVER IN THE PRECEEDING FINANCIAL YEAR I.E. F.Y.2021-22 WOULD BE CONSIDERED AS SMALL COMPANY?
WHTHER CARO 2020 WOULD BE APPLICABLE IN CURRENT FINANCIAL YEAR IF T.O. OF COMPANY IN CURRENT F.Y. 2022-23 IS MORE THAN 10 CR?
WHTHER CARO 2020 WOULD BE APPLICABLE IN CURRENT FINANCIAL YEAR IF T.O. OF COMPANY IN CURRENT F.Y. 2022-23 IS MORE THAN 10 CR?
CA R SEETHARAMAN
(Expert)
22 August 2023
It's applicable for financial year 2022-23 in the year turnover exceeds 10cr.
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