Please explain the limits of private co on which caro 2003 is appilcable?
Menu
Caro 2003
Replies (1)
if during the year pvt.co has following limits caro 2003 will be NOT applicable to it
these limits are
1. paid up capital & free reserves<=50lakh
2. loan o/s<=25lakh (in aggregate of all banks etc)
3. turnover<=5crores
IF ANY OF THESE LIMITS ARE EXCEEDS THEN CARO WILL BE APPLICABLE TO THESE CO.
Recent Topics :
- 5th Letter PAN Mismatch with Surname issues still
- Criteria to hire an article
- Guidence requested for a Finance Professional with
- Expert Opinion Required – Form 140 Gross Amo
- WRONG TAX DEMAND - formal responses , rectificatio
- Foreign remittance
- Affordable Residential Flats in Gurgaon
- Manufacturing
- TAN REGISTRATION ON E-FILLING SITE
- Form 10-IEA – Continuing Old Regime
Related Topics :
CAclubindia
