Section 135 of the Companies Act 2013 provides for Corporate Social Responsibility:
Section 135 of the Companies Act, 2013 applies CSR to a company having net worth of rupees five hundred crore or more, or turnover of rupees one thousand crore or more, or…
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Section 135 of the Companies Act 2013 provides for Corporate Social Responsibility:
Answer and explanation
Correct answer C
Section 135 of the Companies Act, 2013 applies CSR to a company having net worth of rupees five hundred crore or more, or turnover of rupees one thousand crore or more, or net profit of rupees five crore or more, so "Company with turnover of Rs. 1000 crores or more" is correct while "Company with net worth of Rs. 5 crores or more." and "Company with net profit of Rs. 500 crores or more" misstate the thresholds and "All of the given options are correct" fails.
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