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 ??

AI Summary

Net Profit for CSR Under Section 135 of Companies Act 2013 Should Be Calculated Before Tax, Says Participant A query was raised regarding the determination of net profit for the applicability of Section 135 of the Companies Act, 2013, which mandates Corporate Social Responsibility (CSR) for companies with a net profit of 5 crore or more. The question was whether the net profit should be considered before or after tax. The response provided by a participant suggested that net profit should be considered before tax for this purpose.