CSR comittee

Corporate & Other Laws

According to latest amendments CSR Is applicable for a year if previous financial year satisfies any of those three conditions regarding network, turnover, profit And it shall not be applicable if it doesn't satisfy right?? Or If in one year those conditions are satisfied csr provisions shall apply forever?

Harshitha Kalidindi

CA Final

★ 51K+

09-Mar-23 12:43

385

Answers (2)

We have to check only last FY now. In case limits are crossed in last FY, this year CSR will apply. If not, CSR provisions won't apply.

CA YOGITA HARJANI

Faculty

09-Mar-23 13:19

Thank you ma'am

Thread Starter

Harshitha Kalidindi

CA Final

★ 51K+

09-Mar-23 13:39