https://www.taxtmi.com/acts?id=17478 The Board may contribute to bona fide charitable and other funds, but where aggregate contributions in a financial year exceed the statutory threshold measured against average net profits for the three preceding financial years, prior permission of the company in general meeting is required. en-us Sat, 02 Mar 2013 13:11:15 +0530 Wed, 10 Dec 2025 12:00:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=17478 The Board may contribute to bona fide charitable and other funds, but where aggregate contributions in a financial year exceed the statutory threshold measured against average net profits for the three preceding financial years, prior permission of the company in general meeting is required. Act-Rules Companies Law Sat, 02 Mar 2013 13:11:15 +0530 https://www.taxtmi.com/acts?id=17478