https://www.taxtmi.com/news?id=14857 Companies meeting profitability thresholds must allocate a mandated portion of average net profits over the preceding three financial years to corporate social responsibility activities or disclose reasons for non-expenditure, imposing both a substantive spending obligation and a procedural disclosure requirement applicable from the law's initial year of implementation. en-us Tue, 11 Aug 2015 17:51:23 +0530 Tue, 11 Aug 2015 17:51:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=14857 Companies meeting profitability thresholds must allocate a mandated portion of average net profits over the preceding three financial years to corporate social responsibility activities or disclose reasons for non-expenditure, imposing both a substantive spending obligation and a procedural disclosure requirement applicable from the law's initial year of implementation. News - Tue, 11 Aug 2015 17:51:23 +0530 https://www.taxtmi.com/news?id=14857