Applicability of caro

Hey guys,

I have a query on applicablility of CARO....

.wat if a company registered in India which prepares its balance sheet for the financial year form April to March has to submit its financials statements for a period of JAN- DEC to its Principals which are located outside India

CARO is applicable....... and also prepared for financials covering April to March

Is reporting under CARO required for period covering JAN- DEC ....the financials are prepared only to submit it to its principals ...which apparently looks like it is prepared for Internals purposes ....and also an Audit report is issued for the calender year

Please try and solve this at the earliest 

Thanks 

Sanket Khandelwal