Dear All,
Please advise while computing 2% of avg. net profit for CSR expenditure we have to take profit after tax or Profit before tax.
In case ,we hve loss in the current f.y i.e 2013-14, then also we have to spend the above amount on CSR Activities. Please advise.
Thanks
As it says clearly net profit, Please take profit after tax. 
If you are having loss, but still you exceeded the ceiling limit for csr with respect to paid up capital or Turnover, It is compulsory
Triveni Turbine Limited
Bengaluru
CA
View Details
Shaswat initial support private limited
Ahmedabad
CS
View Details
O P Bagla & Co LLP
New Delhi
CA Inter
View Details
CAclubindia
