One of my clients turnover is more than Rs. 10 crs., paid up share capital is more than Rs. 1 cr. But it doesnt have any borrowings. Whether CARO provisions will be applicable to such private limited company?
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CARO applicability
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Quick Summary
Yes caro 2020 will be applicable
Yes it will be applicable. CARO 2020 has been made applicable from 1st April 2021
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