Menu
Applicability of CARO 2016
A Pvt Ltd company has paid up capital of rs.1,19,50,000 and reserves and surplus rs.1,10,27,085(dr.). Is CARO applicable to this company provided other conditions related to borrowing and turnover is satisfied.
Replies (1)
CARO 2016 is applicable since the Total of Paidup Capital + Reserves exceeds 1 Crore for the Financial Year.
Recent Topics :
- How to find a good CA
- Rcm on rent paid
- Clarify on GST Application
- Residential status for overseas students visitin
- Capital Gains Tax
- LTCG 112A and business loss
- FAST-DS 2026 applicability: foreign employee share
- NRI Property Sale in India: TDS Rates and Key Comp
- Clarification on September 2026 PF Calculation for
- DRC-03 interest paid under CGST/SGST instead of IG
Related Topics :
CAclubindia
