https://www.taxtmi.com/circulars?id=11017 Private companies whose average annual turnover over the relevant period of three consecutive financial years equals or exceeds Rs. 5 crores will be covered by the Explanation to section 43A and shall become public companies by virtue of section 43(1A) upon expiry of three months from the last date of the third financial year of that relevant period. en-us Thu, 13 Apr 1989 00:00:00 +0530 Mon, 20 Jun 2011 13:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=11017 Private companies whose average annual turnover over the relevant period of three consecutive financial years equals or exceeds Rs. 5 crores will be covered by the Explanation to section 43A and shall become public companies by virtue of section 43(1A) upon expiry of three months from the last date of the third financial year of that relevant period. Circulars Companies Law Thu, 13 Apr 1989 00:00:00 +0530 https://www.taxtmi.com/circulars?id=11017