Corporate Law : India transformed CSR into a statutory obligation under Section 135. This shift raises key questions on its role in governance and...
Company Law : A comprehensive guide to applicability, 2% spending rule, governance structure, compliance requirements, and penalties under Secti...
Company Law : Understand CSR obligations under Section 135, including eligibility, expenditure, and reporting. Key takeaway: Proper CSR complian...
Company Law : Explains the strict consequences for failing to meet CSR spending and transfer obligations under Section 135. Highlights how penal...
Company Law : Section 135 mandates companies above certain thresholds to spend 2% of profits on social initiatives, establish CSR committees, an...
Company Law : The issue concerns the inability to update trust details in CSR-1 registration records. It was highlighted that outdated informati...
Company Law : Public and private companies in Bihar increasingly invest in CSR, with key districts receiving substantial social development fund...
Company Law : The Ministry of Corporate Affairs confirms that CSR expenditure data for the last five years is publicly available on its CSR port...
Company Law : Government penalized companies for CSR non-compliance under the Companies Act. Details of penalties, CSR spending, and fund transf...
Company Law : Overview of proposed amendments in the Companies Act, 2013, CSR monitoring framework, and steps to ensure compliance and prevent m...
Income Tax : The ITAT held that CSR expenditure disallowed as business expenditure under Section 37(1) can still qualify for deduction under Se...
Income Tax : The issue was whether CSR expenditure disallowed under Section 37(1) can still qualify under Section 80G. The Tribunal held that b...
Income Tax : The Court held that reassessment based solely on an audit objection is invalid as it constitutes a change of opinion. It emphasize...
Income Tax : ITAT held that CSR contributions can qualify for deduction under Section 80G if conditions are met. The ruling clarifies that ther...
Income Tax : ITAT held that revision under Section 263 cannot be invoked when the Assessing Officer has already examined the issue. The ruling ...
Company Law : ROC Haryana ruled that non-transfer of unspent CSR amount within six months from the close of the financial year constituted a vio...
Company Law : ROC Kolkata penalized a company and its directors for delayed transfer of unspent CSR funds to the Swachh Bharat Kosh. The order h...
Company Law : The authority penalized the company for failing to transfer unspent CSR funds within the statutory deadline. It held that delayed ...
Company Law : The authority penalized the managing director for wrongly declaring CSR as not applicable in financial filings. It held that signa...
Company Law : The adjudicating authority penalised a company for not spending mandatory CSR funds and failing to transfer unspent amounts on tim...
Registrar of Companies Coimbatore issues penalty order under Section 454 for CSR non-compliance by Adisankara Spinning Mills Pvt Ltd during FY 2014-15 to 2016-17.
Discover which companies qualify for CSR under the Companies Act, 2013, the scope of eligible activities, tax implications, and compliance guidelines.
Clairvoyant India Pvt Ltd faces penalties for CSR violations under Section 135 of the Companies Act, 2013, due to non-compliance with CSR spending and committee requirements.
APPLICABILITY OF CSR – Section 135 of Companies Act, 2013 1. Every company having net worth of rupees five hundred crore or more, or turnover of rupees one thousand crore or more or a net profit of rupees five crore or more during any financial year shall constitute a Corporate Social Responsibility Committee of the […]
Explore returnable grants in CSR, their benefits, and challenges. Learn how these grants promote financial inclusion and multiply impact while adhering to regulations.
Govt. of India’s recent measures to enhance corporate governance, prevent fraud, and ensure effective CSR practices. Insights on regulatory updates and enforcement.
Stanley Black & Decker India faces penalties under Section 135 of the Companies Act, 2013 for delays in CSR fund transfers due to COVID-19 restrictions.
Explore key highlights from the Union Budget 2024-25 on economy and taxation, including GST updates, direct tax reforms, and fiscal policies.
Ministry of Corporate Affairs has penalized Care Detergents ₹1.06 crore for a 17-day delay in transferring unspent CSR funds to the PM CARES Fund.
Explore the CSR fund allocation process and district-wise spending details for Uttar Pradesh in the last financial year.
