Audit and auditors

This query is : Resolved 

15 August 2018 While determining the applicability of rotation of auditors what is the year that we should look into for applying the limits of Share capital (10 crores/50 crores) and Borrowings (50 crores). Also once we look into the limits and it satisfies does it mean that rotation is applicable for the lifetime of the company?

16 August 2018 1. Immediately preceding Financial Year

2. No.



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