A Pvt Company take Unsecured Loan from Partnership
Firm .What are the Auditor's reporting requirement under
CARO U/S 227(4A)?

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A Pvt Company take Unsecured Loan from Partnership Firm .What are the Auditor's reporting req..

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

A Pvt Company take Unsecured Loan from Partnership Firm .What are the Auditor's reporting req..

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

A Pvt Company take Unsecured Loan from Partnership Firm .What are the Auditor's reporting req..

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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