Csr
This query is : Resolved
25 May 2016
Xyz co spent more than 2 of avg profit ( last 3 years ). In previous financial year. Will such excess expense be counted in subsequent year?
25 May 2016
No, such excess will not count in the next year. Law has stated at least 2% of the average net profit of the preceding 3 years towards CSR activities
25 May 2016
no, in act give the limit is minimum not any carry forwards option.
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