Will CSR. applicable??

Company has NIL Revenue from operation but generated profit from Exceptional item this year and Net profit exceeds Rs 5 Cr, so provisions of CSR would be applicable to this company.
Replies (2)
Quick Summary
This discussion clarifies whether Corporate Social Responsibility (CSR) provisions apply to a company with no revenue from operations but a net profit exceeding Rs 5 Cr due to exceptional items. The consensus is that CSR will indeed be applicable in such a scenario.

Yes, CSR will be applicable
Yes csr is applicable

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