Yes , CSR Expenditure of a company can be claimed as a business expenditure & it been mandatory for company having turnover of Rs. 1000Crore or a net worth of minimum Rs. 500Crore or a net profit of Rs. 5 Crore to spend about 2% of their average turnover net profit towards such expenditure.
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|Asked: 12/15/18, 4:26 AM|
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