Caro applicability if turnover exceeds 40 cr
This query is : Resolved
22 August 2024
Private Limited company
Paid up share capital 1.74 cr
Reserves - 2.65 cr
Turnover - 47 cr
Is CARO applicable on this company
Paid up share capital 1.74 cr
Reserves - 2.65 cr
Turnover - 47 cr
Is CARO applicable on this company
23 August 2024
CARO not applicable as paid up capital less than 4 crore.
Both paid up capital and turnover exceed the limit.
Both paid up capital and turnover exceed the limit.
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