Menu
corporate social responsibilty
if my profit excceds 5 crore any time preceeding three financial year but not ecxeed 5 crore last year and these year also so is it necessary to spend expenditure 9n csr activities.?
Replies (7)
For example your last year is 2018 - 19 and your preceeding 3 financial year 2018-19,2017-18,2016-17 so u r require to spen 2% of average profits of 3 financial year.
Your last year is included in 3 preceeding financial year.
Your last year is included in 3 preceeding financial year.
last 3 preceding previous years seen
I know how much to spend .
but I want to know that is it necessary to spend these year as per my example?
e.g.
15-16 ~6cr profit
16-17~4cr profit
17-18~3 cr profit
but I want to know that is it necessary to spend these year as per my example?
e.g.
15-16 ~6cr profit
16-17~4cr profit
17-18~3 cr profit
No
can u explain me what's means cessation
(if any co. not triggering the. condition in last year still need to spend csr if triggers conditions in any of the three preceeding financial year
(if any co. not triggering the. condition in last year still need to spend csr if triggers conditions in any of the three preceeding financial year
yes you're right here but in the case above have to spend in order
in order means ?
Recent Topic
- Is Getsvision Solutions right for SMTP bulk email
- Queries on Stock/ETF gifting.
- Adding bank account for the deceased for ITR refun
- SALE OF EQUITY ON THE LAST DAY OF THE FY 2024-25 N
- Which ITR form
- Form 103 id delayed for submission for more than 1
- Composition scheme
- Input tax credit under igst under insurance compan
- ITR Form to be used
- CGAS account Holder Deceased
Related Topics
CAclubindia
