Corporate social responsibility (csr)
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 December 2015
Dear Experts,
A company covered under CSR obligation during the FY 2014-15 & 2015-16. If in FY 2016-17 it doesn't not covered under the criteria as prescribed by the Act. In that case is the company required to do CSR activities by taking last three years average net profit?
Please note that during FY 2016-17 it doesn't comes under the criteria of CSR.
Please reply at the earliest and oblige. Also provide some reference in this regards, if possible.
Thanks & Regards,
A company covered under CSR obligation during the FY 2014-15 & 2015-16. If in FY 2016-17 it doesn't not covered under the criteria as prescribed by the Act. In that case is the company required to do CSR activities by taking last three years average net profit?
Please note that during FY 2016-17 it doesn't comes under the criteria of CSR.
Please reply at the earliest and oblige. Also provide some reference in this regards, if possible.
Thanks & Regards,
18 December 2015
company have to comply with CSR provision in FY 2016-17, 2017-18, 2018-19. Only the company which is ceases to be covered under 135(1) from last three year is exempted from CSR provisions.
Sir, you can refer Rule 3(2) CSR Rules 2014,
Sir, you can refer Rule 3(2) CSR Rules 2014,
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- ITDS U/S.194T of Firm
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Unregistered suppliers utility
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- Difference between Date of Payment and Date of Deduction?
- Need Professional Opinion - AY 2012-13 Old Demand & AY 2026-27 Refund Adjustment
- Cash balance limit and property purchases limit
- Can we choose not to report losses in ITR3 if they cannot be carried forward?
- ADDITION OF CHALLAN IN TDS RETURN FORM 140
- Non-Compliance documents have not been submitted by the contractors debited
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
