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Piyush tandonpiyush tandon asked 1 year ago

Small company definition has been  changed
Or not as my law teacher has changed definition of small company so please tell us 
Turnover 2 cr  to 20 cr
Paid up share capital 50 lakes to 2cr
So please tell sir

1 Answers
RaviRavi Staff answered 1 year ago

Limits of small companies was changed in feb 2021. This is applicable from Nov 21 exams while teaching caro we inform students about change in limit and we are going to cover this in amendment lecture of Nov 21 exams also. 
Yes limit has changed 

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