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Corporate Social Responcibility

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(Querist)
05 December 2019 Does CSR applicable continuously if company satisfies the limit for one year?
if yes for how many years?
And whether it applicable to private company?
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CS Mitesh Mehta

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CS Mitesh Mehta (Expert)
09 December 2019 Every company having net worth of rupees five hundred crore or more, or turnover of rupees one thousand crore or more or a net profit of rupees five crore or more during 3[the immediately preceding financial year] shall constitute a Corporate Social Responsibility Committee of the Board
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