Caro applicability

Hiren (C.A.) (45 Points)

15 September 2011  

MY COMPANY HAS:

PAID UP CAPITAL OF              Rs. 50,00,000/-

RESERVES & SURPLUS         (RS. 49,00,000/-) LOSS

TURNOVER                             Rs. NIL.

LOANS                                   Rs. NIL. 

 

 

PLEASE LET ME KNOW THE APPLICABILITY OF CARO.