What are the Compliance Issues if a Private Limited Company 's TO exceeds 10 Crores
Sathish Kumar (Article Assistant) (42 Points)
17 September 2011What are the Compliance Issues if a Private Limited Company 's TO exceeds 10 Crores
Compliances in Context? i assume it as Compliance under Companies Act 1956. Normally, Company law never figures out any legislation based on Turnover, basically every aspect depends upon the Capital. in case of excise or service tax, you would be liable to pay on the turnover other than Small Scale Industry (up to the certain limit)
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