Question

As per thresholds under the Companies Act, what is the maximum annual turnover limit for a private limited entity to be classified as a "Small Company"?

A Not exceeding ₹2 Crores
B Not exceeding ₹20 Crores
C Not exceeding ₹40 Crores
D Not exceeding ₹100 Crores
E Not exceeding ₹250 Crores
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