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    Net profit for the Purpose of Corporate Social Responsibilty

    Posted By : NISHA / Published on : 16-Mar-2018 11:24 PM / View : 677 / Comment : 2

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    Whether the average net profit criteria in section 135(5) is Net profit before tax or Net profit after tax?
    Read more on : responsibilty social corporate purpose profit

    • Dear Nisha,

      Average net profit shall be calculated in accordance with section 198 of the Companies Act, 2013.Therefore, the net profit criterion in section 135(5) is net profit before tax.

      16-03-2018 / 08:05:23 AM
    • Agreed with Neha Mittal

      17-04-2018 / 07:38:52 AM
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