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Joint Stock Company

If the invest...

Question

If the investment fixed assets as plant and machinery does not exceed 1cr. Than that particular firm comes under the category of ?

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Solution

That particular firm comes under small enterprise because here investment in plant machinery is More than 25 lakh rupees but does not exceed 5 crore rupees,where as investment in equipments is More than 10 lakh rupees but does not exceed 2 crore rupees.

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