CARO 2020 Applicability Checker

CARO 2020 Applicability Checker 🇮🇳

Note: Amounts are to be entered in **₹ crore**. This tool checks statutory exclusions, Small Company conditions, and private company thresholds as per CARO 2020.

1. Basic Details

Type of Company Is the company a holding or subsidiary of a Public Company?

Yes No

Is the company or body corporate governed by a Special Act?

Yes No

2. Small Company Conditions (for Exemption)

Paid-up share capital as on balance sheet date (₹ in crore) Threshold: ≤ ₹4 crore for Small Company status Turnover as per P&L of immediately preceding financial year (₹ in crore) Threshold: ≤ ₹40 crore for Small Company status

3. Private Company Thresholds (for CARO Exemption)

Paid-up share capital + reserves & surplus as on balance sheet date (₹ in crore) Threshold: ≤ ₹1 crore for exemption Total borrowings from banks/financial institutions at any time during the year (₹ in crore) Threshold: ≤ ₹1 crore for exemption Revenue including revenue from discontinuing operations (₹ in crore) Threshold: ≤ ₹10 crore for exemption

Disclaimer: This tool is for informational use only. Please cross-check with the Companies Act, 2013, CARO 2020, and the latest MCA notifications before finalising your audit report.

CARO 2020 Applicability Checker

CARO 2020 Applicability Checker 🇮🇳

B S Sridhar & Co., Chartered Accountants

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