Corporate social responcibility
This query is : Resolved
26 September 2018
In the event company having losses consecutively for earlier financial years, and in current financial year company is having profit. weather provisions to contribute 2% of average net profit for last 3 financial year is applicable ??????
04 October 2018
Yes. However companies would not be required to spend on CSR if the average profit of the last 3 year is negative
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