alleryStart learning →Under the first phase of the Ind AS roadmap, from 1 April 2016 every company with what net worth had to comply?
ARs 100 crore or more
BRs 250 crore or more
CRs 500 crore or more
DRs 1,000 crore or more
Answer & Solution
Correct answer: C. Rs 500 crore or more
The first mandatory phase from 1 April 2016 caught companies with net worth of not less than Rs 500 crore.
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