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    CSR

    Posted By : Divya Saluja / Published on : 30-Jul-2019 04:36 AM / View : 1062 / Comment : 2

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    Dear Members

    Please Suggest me

    CSR Expense to be incurred at 2% of average net profits of the previous three years.

    Now, if there is a loss in the one of out of the three previous financial year, then how to calculate average net profit.

    (1) Whether to consider loss and disclose the calculation of it in Board Report?
    (2) Whether to consider profits only of two years (not considering loss year) and divide it by three?
    (3) Whether to consider profits only of two years (not considering loss year) and divide it by two?
    Read more on :

    • Mohit Saluja

      %3Cp%3ELoss%20is%20also%20to%20be%20considered%20and%20should%20be%20deducted%20from%20the%20totl%20profits%20of%20the%203%20years%3C%2Fp%3E%0A%3Cp%3E%C2%A0%3C%2Fp%3E%0A%3Cp%3ERegards%3C%2Fp%3E%0A%3Cp%3ECS%20Mohit%20Saluja%3C%2Fp%3E%0A%3Cp%3ECertified%20CSR%20Professional%3C%2Fp%3E

      30-07-2019 / 03:07:04 PM
      Reply
    • Mohit Saluja

      Loss is also to be considered and should be deducted from the total profits of the 3 years

       

      Regards

      CS Mohit Saluja

      Certified CSR Professional

      30-07-2019 / 03:07:22 PM
      Reply
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