Plz Explain

Unscured loan may taken form bank and unsecured loan may taken form other than related party therfore its not covered under the provision of CARO

your ques was not clear../?

you have not mentioned that the secured & unsecured loans mentioned in the balance sheet are from the parties covered under 301 or from others...?

Dear Vishal.., both you as well as Audit Report, are correct...

The clause 4(iii)(a) of CARO regarding reporting on loan taken or granted by the company required reporting of those loans (Secured/Unsecured) which are taken from those partise which are required to be recorded in Register maintained u/s 301 of the Companies Act..., so the loan that was taken of Rs. 50000, that you observed in BS, may not be from such parties....

For detail refer Institute Publication on CARO....

Dear

Point u mentioned applicable only in case of related parties. It is not applicale to All unsecured Loans & Secured Loans.

So it's not the mistake of Auditor.