Tag: CSR
MCA extends date for filing Form CSR-2 for the financial year 2023-2024 to 31.03.2025 MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 31st December, 2024 G.S.R. 794(E).— In exercise of the powers conferred by sub-sections (1) and (3) of section 128, sub-section (3) of section 129, section 133, …
MCA extends deadline for filing Form CSR-2 for FY 2023-2024 to 31st December, 2024 Form CSR-2 to be filed separately for financial year 2023-2024, on or before 31st December, 2024 after filing Form No. AOC-4. The Companies (Accounts) Amendment Rules, 2024 Rule 12 of the Companies (Accounts) Rules, …
CSR Expenses though not allowed u/s 37 however allowable deduction u/s 80G of the Income Tax Act 1961 – ITAT In a recent judgment, the ITAT Rajkot has held that CSR Expenses, even though not allowed u/s 37 of the Income Tax Act, however, the CSR expenditure is …
Form CSR-2 to be filed separately for FY 2022-23 on or before 31st March, 2024 after filing Financial Statements in Form No. AOC-4 MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 31st May, 2023 G.S.R.408(E).—In exercise of the powers conferred by sub-sections (1) and (3) of section 128, …
MCA Clarification on spending of CSR funds for “Har Ghar Tiranga” campaign- MCA has clarified that spending of CSR funds for “Har Ghar Tiranga” campaign is eligible CSR activities MCA has clarified that `Har Ghar Tiranga’ campaign under the aegis of Azadi Ka Amrit Mahotsav, …
MCA extends due date for NBFCs to file report on Corporate Social Responsibility in Form CSR-2 to ROC for FY 2020-2021 to 30.06.2022 MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 31st May, 2022 G.S.R.407(E).—In exercise of the powers conferred by sub-sections (1) and (3) of section 128, …
Companies to furnish report on Corporate Social Responsibility from FY 2020-21 onwards. Companies (Accounts) Amendment Rules 2022 The MAC has notified the Companies (Accounts) Amendment Rules, 2022 by amending the Companies (Accounts) Rules, 2014. It has been provided that every company covered under Corporate Social Responsibility (CSR) under …
MCA issues Frequently Asked Questions (FAQs) on Corporate Social Responsibility (CSR) The MCA has issued Frequently Asked Questions FAQs on Corporate Social Responsibility CSR. The broad provisions related to CSR are threefold and have been provided in Section 135 of the Companies Act, 2013 , Schedule VII and …
COVID-19 vaccination of non employees is eligible CSR fund spending – MCA Circular The Ministry of Corporate Affairs (MCA) had earlier clarified that spending of CSR funds for COVID-19 is an eligible CSR activity. In continuation to the said circular, MCA has now issued Circular 13/2021 dated 30th …
Offsetting of excess Contribution of CSR funds to PM CARES made in FY 2019-20 against the requirement of CSR spending in FY 2020-21 Ministry of Corporate Affairs (MCA) has issued a clarification on offsetting the excess CSR spent for FY 2019-20 Offsetting of excess Contribution …