A Pvt Company take Unsecured Loan from Partnership
Firm .What are the Auditor's reporting requirement under
CARO U/S 227(4A)?
Answers were Sorted based on User's Feedback
Answer / rajesh9618
caro explained about loans granted and received but not
mentioned specifically about unsecured and secured loans
Is This Answer Correct ? | 5 Yes | 1 No |
Answer / rajesh9618
caro explained about loans granted and received but not
mentioned specifically about unsecured and secured loans
Is This Answer Correct ? | 3 Yes | 0 No |
Answer / naresh dubey
the auditor has to verify if the partnership firm is a
related party to the company from the register maintained by
the co u/s 301. if yes he has to mention the name of the
firm and amount of the transaction. also he has to mention
the fact that the loan is unsecured
Is This Answer Correct ? | 2 Yes | 1 No |
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