Companies Act

Clarification on CSR contribution to PM CARES Fund

Clarification on CSR contribution to PM CARES Fund

General Circular No. 25 /2020

F.No. 13/ 18/ 2019-CSR
Government of India
Ministry of Corporate Affairs

5th Floor, “A” Wing, Shastri Bhawan
Dr . Rajendra Prasad Road, New Delhi-110001

25th June, 2020

To,
All  Stakeholders

Subject : Clarification on CSR contribution to PM CARES Fund -reg.

Ma’am /Sir,

In view of the amendment in Schedule VII of the Companies Act, 2013 vide gazette notification no. G.S.R. 313(E) dated 26th May, 2020, deemed to have come into force on 28th  March  2020,  the  Office  Memorandum  No. CSR- 05/1/2020-CSR_MCA dated 28.03.2020 is redundant and hence stands superseded.

2. This issues with the approval of competent authority.

Yours faithfully,

(Shobhit Srivastava)
Deputy Director

Copy to:

  1. E-governance for uploading on website 2. Guard file

Download Circular Click Here >>

Share

Recent Posts

  • DGFT

A Notification acquires force of law only upon its publication in Official Gazette – SC

Notification issued acquires the force of law only upon its publication in the Official Gazette – Supreme Court In a…

3 hours ago
  • Income Tax

Case remitted to verify claim of RTO liaisoner that cash deposited belonged to vehicle owners

Case remitted to verify claim of RTO liaisoner that the cash deposited in his account was of vehicle owners and…

4 hours ago
  • Empanelment

J&K Bank Ltd. invites on-line applications for empanelment as Stock Auditors

The Jammu & Kashmir Bank Ltd. invites on-line applications for empanelment as Stock Auditors for 3 Financial Years i.e. from…

13 hours ago
  • Income Tax

Broken period interest on securities held as stock-in-trade is revenue expenditure

Broken period interest paid on purchase of securities was revenue expenditure since the securities constituted stock-in-trade In a recent judgment,…

14 hours ago
  • Income Tax

Reassessment on basis of borrowed belief of Anti-Corruption Bureau quashed

ITAT quashed reassessment on the basis of borrowed belief of Anti-Corruption Bureau without applying mind In a recent judgment, ITAT…

1 day ago
  • Income Tax

In considering disallowance u/s 40A(2) genuineness of expenditure not relevant issue

In considering disallowance u/s 40A(2) for payments to specified persons, genuineness of expenditure is not a relevant issue. In a…

1 day ago