Csr expenditure

Anupma Khanna (Company Secretary) (21 Points)

18 August 2017  

If a Company has not earned 5 Cr. profit this year but was having profit of 5 Cr. or more during last 2 years then whether the Company has to spend towards CSR? It does not fall under other two criteria of net worth or turnover. pl. suppoet your answer with valid reasons.