any one of you clarify the folowing
A pvt ltd co have a secured loan from a bank of rs.815000 and loan from directors 2000000 . is caro applicable to that compny
praveen
(Chartered Accountant)
(6971 Points)
Replied 11 August 2010
CARO Applicability: The order shall be applicable to:
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It clearly says loan from financial institution, hence loans from directors will not be considered in calculation CARO Applicability
Kalpesh Chauhan,
(Tax Assistant (Accounting Technician CA FINAL CS PROF. PROG. B.Com))
(8311 Points)
Replied 11 August 2010
Kalpesh Chauhan,
(Tax Assistant (Accounting Technician CA FINAL CS PROF. PROG. B.Com))
(8311 Points)
Replied 11 August 2010
Kalpesh Chauhan,
(Tax Assistant (Accounting Technician CA FINAL CS PROF. PROG. B.Com))
(8311 Points)
Replied 15 August 2010
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