MCA revises value of assets and turnover for purposes of section 5 of Competition Act [Read Notification]

MCA revises value of assets and turnover for purposes of section 5 of Competition Act [Read Notification]

MCA Notification

CA Pratibha Goyal | Mar 8, 2024 |

MCA revises value of assets and turnover for purposes of section 5 of Competition Act [Read Notification]

MCA revises value of assets and turnover for purposes of section 5 of Competition Act [Read Notification]

The Ministry of Corporate Affairs (MCA) has issued a notification revising the value of assets and the value of turnover, by One hundred and fifty percent for the purposes of Section 5 of the said Act.

The notification is as follows:

StudyCafe Membership

Join StudyCafe Membership. For More details about Membership Click Join Membership Button
Join Membership

In case of any Doubt regarding Membership you can mail us at [email protected]

Join Studycafe's WhatsApp Group or Telegram Channel for Latest Updates on Government Job, Sarkari Naukri, Private Jobs, Income Tax, GST, Companies Act, Judgements and CA, CS, ICWA, and MUCH MORE!"



Author Bio
CA Pratibha Goyal
Designation: Co Founder
Company: Studycafe
Location: Delhi, India
Total Posts: 1487

CA Pratibha Goyal is Chartered Accountant qualified in 2016, is a Member of The Institute of Chartered Accountants of India having wide experience in the field of Auditing, Taxation, ROC, GST and Secretarial matters etc. She has written over a thousand articles & has made several videos on topics related to Auditing & Taxation. As a Speaker she has delivered various sessions on various branches of NIRC of ICAI.

My Recent Articles
Biggest Labour Reform in Indian History: 4 Labour Codes Effective from today Tax Audit and ITR Due date not extended in this case: Know More Government notifies Agreement and Protocol between India and Qatar [Read Notification] CA Breaking: Results of ICAI Examination to be announced soon, Know probable Date Breaking: GSTR-3B Due Date for September 2025 extended by CBIC amid Diwali FestivitiesView All Posts
WhatsApp-Image-2025-12-06-at-5.36.47-PM-1.jpeg
WhatsApp-Image-2026-02-17-at-6.35.53-PM-1.jpeg
Latest Post
Income Tax Department Flags High-Risk Transactions on Insight PortalIncome Tax Department Flags High-Risk Transactions on Insight Portal
Income Tax Department takes action against High Risk Non-ITR filer Cases (AY 2022-23) on Insight PortalIncome Tax Department takes action against High Risk Non-ITR filer Cases (AY 2022-23) on Insight Portal
Cummins India Receives Rs 2.85 Crore Tax Relief With No Financial ImpactCummins India Receives Rs 2.85 Crore Tax Relief With No Financial Impact
IT Dept Flags High-Risk PAN & Non-PAN Cases on Insight PortalIT Dept Flags High-Risk PAN & Non-PAN Cases on Insight Portal
HC Grants Major Relief in MKDKY Claim Rejection Case; Says Delay Reason Should be Fairly ExaminedHC Grants Major Relief in MKDKY Claim Rejection Case; Says Delay Reason Should be Fairly Examined
Useful Links
Important links
Important links
DOwnload Study Cafe App
Write For Us
Studycafe Articles
Submit your Articles with us by Clicking Submit Article Button
Submit Article

you can also submit your articles by sending mail at [email protected]