WebApr 8, 2024 · Q.1 Whether the Average Net Profit criteria for Section 135 (5) is Net Profit before tax or net Profit after tax? ... Q.3 Whether the provisions of CSR are applicable … WebMar 15, 2024 · APPLICABILITY CORPORATE SOCIAL RESPONSIBILITY . As per Section 135 (1) following companies in immediately preceding Financial Year: ... the petitioner …
Corporate Social Responsibility Under Section 135 of
WebApr 14, 2024 · CSR Amendment Rules 2024. Every company that fulfils the conditions set out under Section 135 of the Companies Act, 2013 (‘Act’) has to spend at least 2% of their average net profits made during the three previous financial years towards the Corporate Social Responsibility (CSR) in the current financial year. WebCalculate net profit after tax for the company. Solution: From the above data, we get the following information. Revenue: $14,514 Operating Expenses: $6,508 Non-Operating Expenses: $3,250 Thus, if we deduct Non operating expenses and operating expenses from revenue, we would profit before tax. PBT = $ 14,514 – $ (6,508 +3,250) = $ 4,756 earth crust synonym
CSR Expenditure - CSR amount calculation, Policies for CSR ...
WebFeb 15, 2024 · Applicability of CSR as per Section 135 of the Companies Act 2013 and the rules have to be mentioned along with the turnover and net worth. Average Net profit of the company for the last three financial years in Rupees requires to be mentioned. Prescribed CSR expenditure is 2% of the average net profit of the company for the last three years. WebMar 27, 2024 · Net Profit before or after Tax for CSR u/s 135 of Companies Act,2013. Contents. Dear Experts, For the purpose of determining applicability of section 135 of … http://corporatelawreporter.com/companies_act/section-135-of-companies-act-2013-corporate-social-responsibility/ earth crust mantle core worksheets