Caro 2003
This query is : Resolved
25 August 2011
Dear sir/madam
Pls answer
whether CARO 2003 applicable to a Company which as paid up capital and reserves more than 50 lakhs and loans outstanding 25 lakhs but turnover has not exceeded five crores rupees at any point of time
its urgent
Pls answer
whether CARO 2003 applicable to a Company which as paid up capital and reserves more than 50 lakhs and loans outstanding 25 lakhs but turnover has not exceeded five crores rupees at any point of time
its urgent
28 August 2011
Dear Arun,
Yes CARO, 2003 will be applicable as from the 3 conditions mentioned for applicability of CARO any 1 condition need to be satisfied.
Thus in your case CARO will be applicable to the company.
Regards
Abhisek Tosniwal
Yes CARO, 2003 will be applicable as from the 3 conditions mentioned for applicability of CARO any 1 condition need to be satisfied.
Thus in your case CARO will be applicable to the company.
Regards
Abhisek Tosniwal
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