Annual return

This query is : Resolved

SOURAV (Querist)
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15 October 2012 Latest limit of average turnover as per 43(A) and meaning of average turnover under same section..everyone using 10 crore but according to me it has been incresed please reply and also send link where it is written..urgent rply..

CS Richa Sharma

CS Richa Sharma (Expert)
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25 October 2012 The Turnover criterion has been revised and raised from Rs. 10 crores to Rs. 25 crores vide Rule 4C of the Companies (Central Government's) General Rules and Forms, 1956 (w.e.f. 23-02-1999).

CS Richa Sharma

CS Richa Sharma (Expert)
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25 October 2012 Pl Note:-
The provisions of section 43A of Companies Act, 1956 except the provisions of Sub-section (2A) are not in force at present.

The amendment to this section has been made by inserting sub-section (11) w.e.f. from 13-12-2000