"The contribution of which ,does not exceed 25 lakh rupees or such higher amount ,not exceeding 5 crore rupees,as may be prescribed."
what does it mean by such higher amount?.....since limit of contribution is up to 25 lakhs.
It's better to write E.mail to MCA for Clarification on this. , also in 2 (1) (ta) (ii) , similar things regarding Turnover .
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
