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After the havoc caused by flood in Jammu and Kashmir, a group of companies undertakes during the period from October, 2016 to December, 2016 various
After the havoc caused by flood in Jammu and Kashmir, a group of companies undertakes during the period from October, 2016 to December, 2016 various commercial activities, with considerable concessions/discounts, along the related affected areas. The management intends to highlight the expenditure incurred on such activities as expenditure incurred on activities undertaken to discharge corporate social responsibility, while publishing its financial statements for the year 2016-2017. State whether the management's intention is correct or not and why
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