in the limits defined under section-138, the limits of borrowings to be checked at any point of time during preceeding financial year ,of 100 crores or more? is 100 crore is included or not? is the section is saying more than 100 crore?
please reply please
thankyou
Menu
Applicability of section-138(internal audit)
Replies (2)
100 crores is incluided. Check this link , it would be helpful
https://www.caclubindia.com/articles/internal-audit-as-per-companies-act-2013-28021.asp
but sir the line says
borrowings exceeding 100 crores or more?
why study material used the word exceeding
borrowings exceeding 100 crores or more?
why study material used the word exceeding
Recent Threads
- Hi i have some doubt about my microsoft exam?
- Period of holding of residential flat and its acqu
- ITRs for AY 2025-26 filed in September 2025 not pr
- Heard & Seen Around – Your Daily Economi
- Best NISM course for an Accountant
- Calculate IT on LTCG AND STCG for the FY 2025-26
- Heard and Seen Around - Your Daily Economic Quick
- Returning to India - Residency confusion
- About CMP-08
- RCM List on GST
Related Threads
CAclubindia
