There is a big doubt about caro applicability to private limited companies
Just check and reply
3 Replies
Sharad Saini
(Student)
(286 Points)
Replied 06 October 2011
do not get confused..... its a old answer actually.... initially loan amt which today is 25lakh was 10 lakh.... ans on based on that.... but CARO has been subsequently revised now it is 25 lakh.... they have simply copy-paste the old Q and its solution without considering the revision.....
Rahul
(Chartered Accountnat CS)
(1580 Points)
Replied 06 October 2011
Thanks but you are sure na????????
| Originally posted by : Sharad Saini | ||
 |
do not get confused..... its a old answer actually.... initially loan amt which today is 25lakh was 10 lakh.... ans on based on that.... but CARO has been subsequently revised now it is 25 lakh.... they have simply copy-paste the old Q and its solution without considering the revision..... |
 |
Swapnil Jain
(Finance - FP&A)
(564 Points)
Replied 09 October 2011
| Originally posted by : Sharad Saini | ||
|
|
do not get confused..... its a old answer actually.... initially loan amt which today is 25lakh was 10 lakh.... ans on based on that.... but CARO has been subsequently revised now it is 25 lakh.... they have simply copy-paste the old Q and its solution without considering the revision..... |
|
dont worry!!! it's just the answer is based on earlier limit
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