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applicabliti of CARO in case of pvt. ltd. co.

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(Querist)
29 August 2008 if a pvt. ltd. company having capital 1.00 lacs and turnover Rs. 38 lacs and raised a unsecured loan from directors and relatives during the previous year Rs. 5 lacs. IS CARO APPLICABLE
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Jitender

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Jitender (Expert)
29 August 2008 caro is not applicable.
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CA.Tarun Maheshwari

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CA.Tarun Maheshwari (Expert)
29 August 2008 NO
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Shobhit Singhee

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Shobhit Singhee (Expert)
30 August 2008 No Caro is not applicable
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CA H M JOHARI

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CA H M JOHARI (Querist)
30 August 2008 Thanks

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