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A tiny holding company controls an unlisted firm of Rs 300 crore net worth. Its Ind AS date?

A1 April 2017
B1 April 2015
C1 April 2016
D1 April 2018
Answer & Solution
Correct answer: A. 1 April 2017
Holding companies of second-phase unlisted companies follow them into the phase starting 1 April 2017.
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