Company Law : Explore Corporate Social Responsibility (CSR) obligations under Section 135 of the Companies Act, 2013. Learn about spending requi...
Company Law : Delve into the legal provisions mandating the Corporate Social Responsibility (CSR) Committee, its composition, roles, and signifi...
Company Law : Discover the essence of Corporate Social Responsibility (CSR) under the Companies Act, 2013, including criteria, committee duties,...
Company Law : Delve into CSR compliance under Section 135 of the Companies Act, 2013, covering applicability, obligations, penalties, and exempt...
Company Law : Learn about the e-Form CSR-1 for registering CSR activities with the Ministry of Corporate Affairs (MCA). Get insights into eligib...
CA, CS, CMA : Request for extension of time period for filing of Form CSR-2 for the financial year ended March 31, 2022 without levying addition...
CA, CS, CMA : ICSI Request for extension of time period for filing of Form CSR 2 for the financial year ended March 31, 2022 without levying add...
Company Law : There is no specific incentive mechanism in place to incentivise the effective utilisation of Corporate Social Responsibility (CSR...
Company Law : Under the current legal framework, there is no provision of social audit of Corporate Social Responsibility (CSR) expenditure made...
Company Law : There is no structured study carried out by the Ministry of Corporate Affairs (MCA) regarding impact of enforcement of Corporate S...
Income Tax : In a recent decision, ITAT Mumbai allows Section 80G deduction on CSR expenses for Rustomjee Realty Pvt Ltd, challenging the disa...
Income Tax : ITAT Hyderabad held that donations given for compliance with Corporate Social Responsibility (CSR) u/s. 135 of Companies Act to in...
Goods and Services Tax : Explore implications of GST on Corporate Social Responsibility (CSR) activities under Companies Act, 2013, and eligibility of Inpu...
Income Tax : ITAT Mumbai held that the claim for deduction under section 80G of the Income Tax Act in respect of Corporate Social Responsibilit...
Goods and Services Tax : Description: Read the analysis of the GST Advance Ruling (AAR) regarding the eligibility of input tax credit (ITC) for the GST pai...
Company Law : Learn how MCA RD reduces penalty from 67.16 Lakh to 13.43 Lakh for unspent CSR fund transfer delays. Details of the case and groun...
Company Law : Ministry of Corporate Affairs reduces penalty by 90% for CSR fund transfer delay by Quest Global Engineering Services Pvt. Ltd. Le...
Company Law : Read about the penalty imposed on AECOM India Pvt Ltd and its directors by the Ministry of Corporate Affairs for violating section...
Company Law : Discover how MCA reduced penalties from Rs. 39.09 Lakh to Rs. 5.30 Lakh for CSR fund transfer default by Convergint India Private ...
Company Law : Explore the adjudication order against Mukka Proteins Limited for violating Companies Act, 2013, Section 135(1). Understand penalt...
The activities of organizations affect consumers, shareholders, suppliers, employees, and society at large. Corporations completely depend on and draw from society in the form of infrastructure, labour, educated workforce, railways, electricity, water resources, and land.
In this paper in order to analyze the governance factor we will study the types of leadership traits that the CEO of a company adopts for its smooth functioning. We further look into the social and ethical governance factors with the help of various case studies and finish the paper with a comparative analysis of corporate social practices inside and outside India.
Before the introduction of Companies Act, 2013 there was no awareness of Corporate Social Responsibility among the Indian Companies. CSR was more famous term in the European countries and then in United States. These countries were and are continuously implementing the CSR activities by taking various social initiatives.
Held that impugned expenditure cannot be held to be capital and it is not in the nature of personal expenditure or for any violation of law. Disallowance of CSR expenditure unjustified.
Navigate the CSR landscape under Section 135 of Companies Act, 2013. Discover permitted activities like education, health, and environmental sustainability, and non-permitted activities. Ensure compliance with CSR provisions for companies with specified net worth, turnover, or net profit.
Explore the role of CSR in empowering women in India. Discover the progress made and the challenges that still need to be overcome.
Learn how to utilize funds for CSR activities with a specimen CFO certificate. Get insights into approved projects and fund utilization.
It is requested to extend timelines to file Form CSR-2 by companies for preceding financial year 2020-2021 from 30th June, 2022 to 31.12.2022
Power Finance Corporation Ltd. Vs Commissioner (Appeal) (CESTAT Delhi) The fact that the corporate social responsibility is a legal responsibility does not make it an output service. The appellant not entitled to Cenvat Credit on the services used for corporate social responsibility. Facts- The appellant is a non-banking finance corporation engaged in financing projects and […]
Sling Media Pvt. Ltd. Vs DCIT (ITAT Bangalore) Payments forming part of CSR were claimed as deduction under section 80G. Held that assessee cannot be denied the benefit of claim under Chapter VI A, which is considered for computing ‘Total Taxable Income”. If assessee is denied this benefit, merely because such payment forms part of […]
