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Q & A

1665 Views 1 Ans

Whether to find out applicability of CSR provisions as per Sec 135 of the Companies Act 2013, the threshold limits should be met during the current financial year 2014-2015 or even if any of the threshold limit is met during any of the three preceding financial years CSR will be applicable ? Pl. Clarify?

CSR

Posted By: Mukund govindharajan 7 year(s) ago

This question has been closed if you want to answer,you have to re-open.


    Akansha

If company crosses the threshold limit as prescribed in sec 135 of the Act during any 3 preceding FY, such company shall require to constitute CSR committee. Thus, in the cited case answer is any of the three preceding financial years.

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