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.
CAclubindia
