Net Profit before or after Tax for CSR u/s 135 of Companies Act,2013

[NISHANT SHAH]

Dear Experts,

For the purpose of determining applicability of section 135 of Companies Act 2013, Net profit of the company is ₹ 5 crore or more..

Whether net profit is to be taken before tax or after tax ??

[DR.MARIAPPAN GOVINDARAJAN]

In my view before tax.

AI Summary

Net profit for CSR treated before tax, affecting applicability under the companies act, expert opinion. The central operative point is that the profit relevant to CSR applicability under section 135 is to be taken before tax, according to an expert reply recorded in the document; no further procedural or calculation detail is provided.