Csr related

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SHRUTI SHUKLA (Querist)
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18 July 2019 Dear members,a pvt ltd company has earn net profit of rs. 6 crores in financial year 2018-19 but in previous financial year 2017-18 and 2016-17 and 2015-16 it has a loss in the business if csr rules applicable in the company, if yes what is the date when the csr commitee has been established?

CS Mitesh Mehta

CS Mitesh Mehta (Expert)
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18 July 2019 You have to constitute CSR Committee. No time limit prescribed for constitution of CSR
Committee. However keeping in view the fact once provision applicable on the Company, it should constitute the committee within 6 month.

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