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CORPORATE SOCIAL RESPONSIBILITY, Corporate Laws / SEBI / LLP

Issue Id: - 114597
Dated: 8-2-2019
By:- Richa Goyal

CORPORATE SOCIAL RESPONSIBILITY

Contents

Company A has a net profit before tax crossing ₹ 5 crores as on 31.03.2018 for the first time. The board report has already been filed stating the CSR is not applicable.

What should be done in this matter? Please guide?

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Showing Replies 1 to 1 of 1 Records

Page: 1

1 Dated: 8-2-2019
By:- DR.MARIAPPAN GOVINDARAJAN

In my view CSR is applicable since the profit exceeds ₹ 5 crores for the immediate preceding year i.e., 2017 - 18. You have to comply with the provisions of section 135 of the Companies Act and the rules made there under.

Page: 1