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TMI BlogC A R O (2003)X X X X Extracts X X X X X X X X Extracts X X X X ..... C A R O (2003) X X X X Extracts X X X X X X X X Extracts X X X X ..... CARO COMPANY'S AUDIOTRS REPORT ORDER 2003 in the case of the pvt ltd co having paid up capital and reserves exceeding Rs. 100 00 000/- the turnover of the co does not exceed five cores the co does ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... not accejpted any public deposits the co does not availed any loan exceeding rs. 25,00,000 from any financial institution and banks Reply By shah nikhil: The Reply: Exception of caro :- private l ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... imited company with a paid up capital and reserves <= Rs.50 lacs and has not accepted any public deposit and does not have a loan outstanding from any bank or financial institution of => Rs.10 lacs an ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d does not have a turnover > Rs.5 crores for non appllicability all four codition is requred to be fulfilled otherwise CARO is applicable Reply By Venkatesan K: The Reply: Company's Auditor's Repo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rt order does not talk about satisfaction of all the conditions in order to be applicable for a private limited company. since the paid up share capital and reserves of the company exceeds Rs. 50 Lakh ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s as has been mentioned, CARO requirements shall become applicable. X X X X Extracts X X X X X X X X Extracts X X X X
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