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    Question

    Which of the following types of entities are mandatorily

    required to adopt Ind AS?
    A Companies with net worth less than тВ╣250 crore Correct Answer Incorrect Answer
    B Unlisted companies with net worth between тВ╣100 crore and тВ╣250 crore Correct Answer Incorrect Answer
    C Listed companies with net worth of тВ╣500 crore or more Correct Answer Incorrect Answer
    D Partnership firms with turnover above тВ╣100 crore Correct Answer Incorrect Answer

    Solution

    As per MCA roadmap, listed companies or those in the process of being listed, with net worth тЙе тВ╣500 crore, must mandatorily adopt Ind AS.

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