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A Company having Rs. 5.00 cr. net profit in a year in last three financial year but having net average loss of Rs. (50.00) lacs. Can Company give following disclosure in the Board Report for CSR : a. Average net profit of the Company for last three financial year - NIL b. Prescribed CSR expenditure (2% of the average net profit) - NIL OR disclosure should be given any other manner ?


Posted By: Sanjay sharma 6 year(s) ago

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

Expert    Ankit Singhi

Yes you give such disclosure

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