MCA amended the Companies (Specification of defini...

MCA amended the Companies (Specification of definition details) Rules – Amending the definition – small company - “(t) For the purposes of sub-clause (i) and sub-clause (ii) of clause (85) of section 2 of the Act, paid up capital and turnover of the small company shall not exceed rupees four crore and rupees forty crore respectively.” #rocupdate #small company #privatelimitedcompany #Registrarofcompany #incometax