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Under CARO 2016, what is the threshold for a company to be considered a "small company"?
  • a)
    Paid-up share capital not exceeding ?50 lakhs and turnover not exceeding ?2 crores.
  • b)
    Paid-up share capital not exceeding ?5 crores and turnover not exceeding ?20 crores.
  • c)
    Paid-up share capital not exceeding ?1 crore and turnover not exceeding ?10 crores.
  • d)
    Paid-up share capital not exceeding ?1 crore and turnover not exceeding ?2 crores.
Correct answer is option 'B'. Can you explain this answer?
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Under CARO 2016, what is the threshold for a company to be considered ...
As per CARO 2016, a company is considered a "small company" if its paid-up share capital does not exceed ?5 crores and its turnover does not exceed ?20 crores.
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Under CARO 2016, what is the threshold for a company to be considered a "small company"?a)Paid-up share capital not exceeding ?50 lakhs and turnover not exceeding ?2 crores.b)Paid-up share capital not exceeding ?5 crores and turnover not exceeding ?20 crores.c)Paid-up share capital not exceeding ?1 crore and turnover not exceeding ?10 crores.d)Paid-up share capital not exceeding ?1 crore and turnover not exceeding ?2 crores.Correct answer is option 'B'. Can you explain this answer?
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Under CARO 2016, what is the threshold for a company to be considered a "small company"?a)Paid-up share capital not exceeding ?50 lakhs and turnover not exceeding ?2 crores.b)Paid-up share capital not exceeding ?5 crores and turnover not exceeding ?20 crores.c)Paid-up share capital not exceeding ?1 crore and turnover not exceeding ?10 crores.d)Paid-up share capital not exceeding ?1 crore and turnover not exceeding ?2 crores.Correct answer is option 'B'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about Under CARO 2016, what is the threshold for a company to be considered a "small company"?a)Paid-up share capital not exceeding ?50 lakhs and turnover not exceeding ?2 crores.b)Paid-up share capital not exceeding ?5 crores and turnover not exceeding ?20 crores.c)Paid-up share capital not exceeding ?1 crore and turnover not exceeding ?10 crores.d)Paid-up share capital not exceeding ?1 crore and turnover not exceeding ?2 crores.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Under CARO 2016, what is the threshold for a company to be considered a "small company"?a)Paid-up share capital not exceeding ?50 lakhs and turnover not exceeding ?2 crores.b)Paid-up share capital not exceeding ?5 crores and turnover not exceeding ?20 crores.c)Paid-up share capital not exceeding ?1 crore and turnover not exceeding ?10 crores.d)Paid-up share capital not exceeding ?1 crore and turnover not exceeding ?2 crores.Correct answer is option 'B'. Can you explain this answer?.
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