banner_ad

Corporate social responsibility (csr)

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
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,
Profile Image

CA RAKESH KUMAR THAKUR

Profile Image

CA RAKESH KUMAR THAKUR (Expert)
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,
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
10 May 2026
Finance specialist

Right way solution

Ajmer

CA

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details