Please tell me wheather CARO,2003 is applicable or not to Non-Banking Financial Company?
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Audit querry
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Statutory Audit Report under section 227 (2) of the Companies Act, 1956 & Annexure (CARO, 2003) needs to be filed by the company with the RBI.
Technical Guide on Audit of Non-Banking Financial Companies
© The Institute of Chartered Accountants of India.
Yes, it is applicable to nbfc
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