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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 ?
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