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.
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Corporate social responsibility (csr) applicability
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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