CARO, 2016 applies to a private limited company which has a total revenue as disclosed in Schedule III to the Companies Act, 2013 including revenue from discontinuing operations exceeding ............ during the financia

CS Executive · Corporate and Management Accounting · PYQS · June 2021
CARO, 2016 applies to a private limited company which has a total revenue as disclosed in Schedule III to the Companies Act, 2013 including revenue from discontinuing operations exceeding ............ during the financial year as per the financial statements.
(A) ₹15 Crore
(B) ₹100 Crore
(C) ₹10 Crore
(D) ₹25 Crore

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Corporate Accounting

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