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28th  March  2020,  the  Office  Memorandum  No. CSR- 05/1/2020-CSR_MCA dated 28.03.2020 is redundant and hence stands superseded.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

  • Income Tax

Non-deduction of TDS does not make transaction as unexplained in the hands of deductee – ITAT

Mere non-deduction of TDS by the deductor on a transaction does not change the character of the transaction to make…

2 days ago
  • ICAI

Last date to submit MEF 2026-27 extended to 09.09.2026

ICAI has extended the last date to online submit Multipurpose Empanelment Form (MEF)- 2026-27 from 29th August 2026 to 9th…

2 days ago
  • Income Tax

Validity of demand u/s 156 for default u/s 115-O, if assessment order u/s 143(3) has Nil demand

Can a demand notice be issued u/s 156 for non-payment of Dividend tax u/s 115-O, when as per assessment order…

4 days ago
  • Income Tax

Issue already examined and adjudicated by CIT(Appeals), can’t be reopened on same set of facts

The issue already examined and adjudicated by the quasi-judicial authority, i.e., CIT(Appeals), cannot be reopened on the same set of…

5 days ago
  • Income Tax

TDS can’t be denied for non deposit of tax deducted by the deductor – High Court

One TDS is deducted, credit has to follow, failure of deductor to deposit the amount to the credit of the…

6 days ago
  • Income Tax

Cash withdrawal from bank can’t be taxed u/s 69C as unexplained expenditure – ITAT

Merely because assessee did not explain purpose of cash withdrawal from bank, it can not be taxed u/s 69C as…

6 days ago