Tag: csr expenditure

CSR expenditure of companies is allowable under section 80G unless fall under the two exceptions specified. In a recent judgment, ITAT Ahmedabad has held that CSR expenditure of companies is allowable under section 80G as intention of the Legislature was clear when the same was clarified by the …

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, …

Eradicating hunger poverty & health care tops the CSR activities by Corporate Houses during FY 2014-15 Ministry of Corporate Affairs Press Release dated 15-03-2016 Corporate Social Responsibility (CSR) provision of the Companies Act, 2013 came into force from 1st April, 2014. The year 2014-15 was the first year …