CARO 2016 is applicable on small companies, if:

(A) Paid up capital less than or equal to ₹50 lakh and last reported turnover less than or equal to ₹200 lakh

(B) Paid up capital less than or equal to ₹25 lakh and last reported turnover less than or equal to ₹200 lakh

(C) Paid up capital less than or equal to ₹50 lakh and last reported turnover less than or equal to ₹500 lakh

(D) Paid up capital less than or equal to ₹100 lakh and last reported turnover less than or equal to ₹500 lakh