WebOct 9, 2024 · The CSR activities of Indian companies are in line with the provisions of Section 135 with Schedule VII to the Companies Act, 2013. The CSR initiatives of companies thrust on creating value in the lives of the communities around its areas of business and manufacturing operations. Web(See Section 135) Activities which may be included by companies in their Corporate Social Responsibility Policies Activities relating to:— 1[(i) Eradicating hunger, poverty and …

Corporate Social Responsibility (CSR) as Per Companies Act, 2013 …

WebThe Finance Act, 2014 provides that any expenditure incurred by an assessee on the activities relating to corporate social responsibility referred to in section 135 of the Companies Act, 2013 shall not be deemed to be an expenditure incurred by the assessee for the purposes of the business or profession. 6. WebWith the enactment of the Companies Act, 2013, CSR became a norm in India. India is perhaps one of the few countries in the world where CSR is mandated ... The HLC-2024 identified specific issues arising out of the provisions of section 135 of the Act and rules made thereunder, Schedule VII to the Act and associated operational challenges. csub advising

Ministry Of Corporate Affairs - FAQ on CSR cell - MCA

WebThe broad framework of CSR has been provided in Section 135 of the Companies Act, 2013 (herein after referred as ‘the Act’), Schedule VII of the Act and Companies ... WebJun 5, 2024 · CSR activities have been made mandatory under The Companies Act, 2013 for companies falling under the prescribed category. Section 135 of The Companies Act, 2013 and The Companies ( … WebThe Finance (No. 2) Act, 2014 has amended the provisions of Section 37 of the Income-tax Act 1961 to provide that for the purposes of Section 37(1) any expenditure incurred by … early pregnancy taste in mouth