Applicablity of caro

This query is : Resolved 

12 May 2013 Dear Sir,
suppose in case of a private company conditions related to applicablity of caro is satisfied in previous accounting year. Now in the current year all the 3 conditions related to applicablity of caro is not satisfied. Now my question is wheather reporting under caro is complusory in the current year also. Further kindly answer if caro has become applicable in any accounting year it's applicablity is forever or not in case of private company.

13 May 2013 caro limit should be ascertained each F/y wise seprately

27 June 2013 Yes I agree with the expert




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