Cash flow applicability pvt ltd company

Krupal Shah (Mr) (90 Points)

06 November 2015  

As per CA 2013 Cash flow is not applicable to small companies;

Small Company means paid up share capital is  less than Rs 50 Lakhs and turnover does not exceed rs 2 crore.

So what if my share capital is less than 50 lacs but turnover exceeding Rs 2 crore. Is it applicable?