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CARO 2020, Applicability and Format of Audit Report

  1.   Applicability of CARO, 2020 CARO 2020 is applicable to all companies including foreign companies. However, the following are the exceptions: The threshold limit for small companies has been revised recently through a press release dated 16th September 2022. The earlier threshold limit for share capital was INR 2 Crores and Gross turnover … Read more