If a company spends any amount as CSR expenditure in a year in excess of the requirement provided u/s 135(5), the said excess amount shall be set-off against the requirement to spend u/s 135(5) up to immediately succeedi
CS Executive · Corporate and Management Accounting · PYQS · December 2022
If a company spends any amount as CSR expenditure in a year in excess of the requirement provided u/s 135(5), the said excess amount shall be set-off against the requirement to spend u/s 135(5) up to immediately succeeding __________ financial year(s).
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Corporate Governance
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