CARO Applicability
This query is : Resolved
12 September 2010
In relation to CARO applicability condition for Pvt. Ltd. Companies - "TURNOVER should not exceed Rs.5 crores; otherwise it will be applicable. This turnover is of current F.Y. of which we are doing audit or of year preeceding to that"?
12 September 2010
Yes,turnover of the year for which the audit is conducting should alone be considered.
12 September 2010
turnover of current F.Y. of which we are doing audit is considered..
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