TaxTMI 
TaxTMI 
C A R O (2003)
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.... A R O (2003)<br> Query (Issue) Started By: - loganathan devarajulu Dated:- 24-1-2011 Last Reply Date:- 27-1-2011 Corporate Laws / SEBI / LLP<br>Got 2 Replies<br>Companies Law<br>applicability of the ....
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....CARO COMPANY'S AUDIOTRS REPORT ORDER 2003 in the case of the pvt ltd co having paid up capital and reserves exceeding Rs. 100 00 000/- the turnover of the co does not exceed five cores the co does n....
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....ot accejpted any public deposits the co does not availed any loan exceeding rs. 25,00,000 from any financial institution and banks Reply By shah nikhil: The Reply: Exception of caro :- private li....
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....mited company with a paid up capital and reserves <= Rs.50 lacs and has not accepted any public deposit and does not have a loan outstanding from any bank or financial institution of => Rs.10 lacs and....
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.... does not have a turnover > Rs.5 crores for non appllicability all four codition is requred to be fulfilled otherwise CARO is applicable Reply By Venkatesan K: The Reply: Company's Auditor's Repor....
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....t order does not talk about satisfaction of all the conditions in order to be applicable for a private limited company. since the paid up share capital and reserves of the company exceeds Rs. 50 Lakhs....
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.... as has been mentioned, CARO requirements shall become applicable.<br> Discussion Forum - Knowledge Sharing ....