A new Companies (Auditor’s Report) Order, 2020 (hereafter referred as CARO, 2020) has been notified by MCA on February 25, 2020. This Order replaces the previous Companies (Auditor’s Report) Order, 2016. CARO, 2020 is applicable from Financial years Commencing on or after 1 April, 2021. CARO is reporting by Auditor’s on certain clauses mentioned in…

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