When CARO becomes applicable to a Pvt Ltd . is it perpatual in nature , or has the the condition to be satisfied every year?
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Caro applicability
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In case of a private ltd com, either if
a) paid up capital & res exceeds 50 lakhs or
b) loan from any bank or financial ins exceeds 25 lakhs or
c) turnover exceeds 5 crores,
CARO is applicable........limit should be checked every year.....
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