alleryStart learning →Net worth for Rule 4 thresholds is computed from which statements?
ATax returns as on 31 March 2013
BStand-alone ones as on 31 March 2014
CProjected ones as on 31 March 2015
DConsolidated ones as on 31 March 2016
Answer & Solution
Correct answer: B. Stand-alone ones as on 31 March 2014
Net worth is measured on stand-alone financial statements as on 31 March 2014 or the first audited statements after that date.
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