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 It was highlighted that outdated informati...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 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 ...
Income Tax : The issue was whether CSR expenditure qualifies for deduction under section 80G. The Tribunal held that deduction is allowable as ...
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...
Company Law : The regulator held that non-spending of CSR amounts and failure to transfer unspent funds within timelines violates section 135. S...
Company Law : The regulator held that failure to spend CSR funds or transfer unspent amounts within statutory timelines violates sections 135(5)...
Explore the adjudication order against Mukka Proteins Limited for violating Companies Act, 2013, Section 135(1). Understand penalties imposed on the company and key personnel.
Penalty was imposed for company’s failure to comply with provisions of Section 135(5) of Companies Act, 2013, regarding transfer of unspent Corporate Social Responsibility (CSR) funds.
Explore the adjudication order under Companies Act, 2013 by the Registrar of Companies, Karnataka, imposing penalties on Quest Global Engineering Services for violating CSR provisions.
In the intricate landscape of modern Indian corporate sectors, the emphasis on development as a tool to combat poverty through the Corporate Social Responsibility (CSR) model is becoming increasingly prevalent.
Corporate responsibility from environmental impact to legal accountability: Revise energy policy or face dire consequences, UN warns. ClientEarth sues Shell Plc. board on slow emission reduction targets.
Ministry of Corporate Affairs (MCA) imposes penalties on LA-FIN Financial Services Private Ltd. for failing to submit annual return extracts with ROC and missing CSR details in Directors’ Report.
ITAT Hyderabad held that donations given for compliance with Corporate Social Responsibility (CSR) u/s. 135 of Companies Act to institutions mentioned in Section 80G are qualified for deduction u/s. 80G of the Income Tax Act.
Explore prospective amendment regarding Input Tax Credit (ITC) on CSR expenditure under GST. Learn about amendment, expert opinions, and unanswered questions.
Government of India’s Ministry of Corporate Affairs imposes a penalty of 33.83 lakhs on M/s Jayem Automotives Private Limited and its directors for not transferring unspent CSR funds. Learn about the case, provisions of the Companies Act, and the penalty details.
Discover how beneficiaries play a crucial role in maximizing impact of CSR initiatives. Learn about their responsibilities and benefits of active participation
