alleryStart learning →A company's total income is Rs 150 crore. Which rounding must it use?
ANearest hundreds or thousands
BNearest rupee or nearest paisa
CNearest lakhs, millions or crores
DNearest ten rupees or less
Answer & Solution
Correct answer: C. Nearest lakhs, millions or crores
With total income of Rs 100 crore or more, the Schedule requires rounding to lakhs, millions or crores, or decimals of these.
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