Please explain the limits of private co on which caro 2003 is appilcable?
Menu
Caro 2003
Replies (1)
if during the year pvt.co has following limits caro 2003 will be NOT applicable to it
these limits are
1. paid up capital & free reserves<=50lakh
2. loan o/s<=25lakh (in aggregate of all banks etc)
3. turnover<=5crores
IF ANY OF THESE LIMITS ARE EXCEEDS THEN CARO WILL BE APPLICABLE TO THESE CO.
Recent Threads
- A Restaurant registered under the Composition Sche
- GST RATE OF OUT DOOR CATERING
- Non resident taxation & income tax in India
- GST Rate for oral Hygiene Combo Pack
- GST registration - Address error
- TDS on property pu
- Import of goods IMS action related
- Incometax Survey - Updated Return Filing after the
- TCS under 206C(1F)
- Effect on Cost of Control when Bonus Issue is from
Related Threads
CAclubindia
