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Corporate social responsibility (csr) applicability

Co Act 2013 743 views 2 replies

Please advise the meaning of 'any financial year' with respect to Section 135 (CSR) of Companies Act, 2013. Of which financial year the figures of Net Profit/ Turnover/ Net worth will be considered for determining the eligibility of this Section.

Replies (2)

Puniti,

 

According to me, you will have to look at the previous 3 FY, since the profits of that period are to be considered.

 

Pl go through FAQs on CSR at following link: https://india-financing.com/images/Articles/FAQs_on_corporate_social_responsibility.pdf


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