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..
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).