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CSR

Latest Articles


Consumer’s Response to CSR

Company Law : Explore how corporate social responsibility (CSR) impacts consumer behavior and purchase decisions, enhancing brand loyalty and tr...

July 12, 2024 237 Views 0 comment Print

Guide to Companies Act: Section 135

Company Law : Understand Section 135 of the Companies Act, 2013 with this comprehensive guide. Learn about CSR provisions, amendment rules, and ...

June 19, 2024 906 Views 0 comment Print

CSR Expenditure: Related Discussions on Queries Encountered-Section 135

Company Law : Understand CSR expenditure regulations under Section 135 of the Companies Act, 2013. Learn about voluntary and mandatory contribut...

May 26, 2024 1170 Views 0 comment Print

Legal requirements & Ethical obligations in Corporate Social Responsibility

Company Law : Explore the legal and ethical dimensions of Corporate Social Responsibility (CSR) and its impact on businesses. Learn about compli...

May 24, 2024 1206 Views 0 comment Print

Influence of corporate governance on corporate social responsibility

Corporate Law : Explore how corporate governance influences corporate social responsibility (CSR) initiatives, including theoretical perspectives,...

May 13, 2024 567 Views 0 comment Print


Latest News


ICSI Request for extension of time period for filing of Form CSR-2

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...

April 5, 2023 4722 Views 0 comment Print

Request for extension of time period for filing of Form CSR 2

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...

March 24, 2023 12360 Views 0 comment Print

No specific Incentives mechanism For Utilisation of CSR Funds

Company Law : There is no specific incentive mechanism in place to incentivise the effective utilisation of Corporate Social Responsibility (CSR...

August 10, 2022 543 Views 0 comment Print

No provision of social audit of CSR expenditure: Govt

Company Law : Under the current legal framework, there is no provision of social audit of Corporate Social Responsibility (CSR) expenditure made...

August 4, 2022 2121 Views 0 comment Print

No structured study regarding impact of enforcement of CSR provisions- Govt

Company Law : There is no structured study carried out by the Ministry of Corporate Affairs (MCA) regarding impact of enforcement of Corporate S...

August 4, 2022 243 Views 0 comment Print


Latest Judiciary


CSR Expenses Eligibility for Section 80G Deduction: ITAT restores Matter to CIT(A)

Income Tax : Detailed analysis of ABIS Export India Pvt Ltd Vs DCIT (ITAT Raipur) case regarding CSR expenses deduction under Sec. 80G. Explore...

June 24, 2024 348 Views 0 comment Print

Assessee entitled to Section 80G Deduction on CSR Expenditure: ITAT Mumbai

Income Tax : Detailed analysis of Alubound Dacs India Private Limited vs. DCIT case before ITAT Mumbai regarding the allowance of Section 80G d...

June 13, 2024 669 Views 0 comment Print

CSR Expenditure’s Mandatory Nature Doesn’t Justify Section 80G Disallowance

Income Tax : Explore crucial rulings in case of Interglobe Technology Quotient Pvt Ltd vs ACIT (ITAT Delhi) regarding CSR expenditure disallowa...

June 4, 2024 3324 Views 0 comment Print

Analysing ITAT Kolkata Decision on Britannia Industries Ltd.’s CSR Contributions & Tax Deductions

Income Tax : Explore how ITAT Kolkata ruling on Britannia Industries Ltd. CSR contributions clarifies tax deductions under Section 80G....

April 25, 2024 5583 Views 0 comment Print

ITAT Mumbai Allows Section 80G Deduction on CSR Expenses

Income Tax : In a recent decision, ITAT Mumbai allows Section 80G deduction on CSR expenses for Rustomjee Realty Pvt Ltd, challenging the disa...

December 10, 2023 2139 Views 0 comment Print


Latest Notifications


CSR provision Violation -Section 135(5): MCA Imposes Penalty of ₹1.06 Crore

Company Law : Read the detailed penalty order issued by the Registrar of Companies, Gujarat, Dadra & Nagar Haveli against Ganesh Green Bharat Li...

July 13, 2024 3048 Views 0 comment Print

Default in spending or Transfer of CSR Amount: MCA imposes Penalty

Company Law : Learn about penalties imposed by MCA under Companies Act 2013 for non-compliance with CSR spending regulations. Detailed analysis ...

April 30, 2024 657 Views 0 comment Print

MCA Imposes Heavy Penalty for CSR Violations: Section 135(1) & 135(5)

Company Law : Dive into a detailed analysis of Clairvoyant India Private Limited violation of CSR provisions under Section 135(1) & 135(5) of th...

April 10, 2024 936 Views 0 comment Print

Unspent CSR fund Transfer delay: Govt Reduces penalty from 67.16 Lakh to 13.43 Lakh

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...

February 1, 2024 495 Views 0 comment Print

Unspent CSR fund Transfer delay: MCA RD Reduces penalty by 90% to Rs. 10.80 Lakh

Company Law : Ministry of Corporate Affairs reduces penalty by 90% for CSR fund transfer delay by Quest Global Engineering Services Pvt. Ltd. Le...

January 4, 2024 600 Views 0 comment Print


ITC eligibility of CSR expenditure under GST & Finance Bill, 2023

April 1, 2023 7809 Views 0 comment Print

Section 16(1) of CGST Act, 2017 provides that input tax shall be allowed on goods or services which are used or intended to be used in the course or furtherance of business. Further, Section 17(5) disallows credit on certain goods and services.

MCA Form CSR-1 Registration: A New Way to Get Funding for Your NGO

April 1, 2023 12072 Views 1 comment Print

Unlock CSR funding for your NGO! Learn about MCA Form CSR-1 registration, eligibility criteria, required documents, and the process. Secure your NGOs place in the National CSR Exchange Portal for potential funding opportunities.

Companies (CSR Policy) Amendment Rules 2021 – Implications

March 24, 2023 9033 Views 1 comment Print

Discover the implications of the Companies (CSR Policy) Amendment Rules 2021 with a critical analysis. Uncover changes in CSR activities, definitions, and spending rules. Explore the impact on ongoing projects, administration overheads, CSR committee responsibilities, reporting, and penalties for non-compliance. Stay informed about the amendments and their effect on CSR expenditure, governance, and disclosure.

Request for extension of time period for filing of Form CSR 2

March 24, 2023 12360 Views 0 comment Print

ICSI Request for extension of time period for filing of Form CSR 2 for the financial year ended March 31, 2022 without levying additional fee

Corporate Social Responsibility – Applicability & Implementation

March 22, 2023 25458 Views 1 comment Print

Explore the evolving landscape of Corporate Social Responsibility (CSR) under the Companies Act, 2013. Understand criteria, committee formation, expenditure, and consequences for non-compliance.

CSR in India: Compliance, Enforcement & Future Directions

March 11, 2023 8226 Views 0 comment Print

Explore the landscape of Corporate Social Responsibility (CSR) in India: Compliance, enforcement challenges, and future directions for sustainable business practices.

CSR & Important changes in Companies (CSR Policy) Rules, 2014

March 4, 2023 17805 Views 1 comment Print

Discover the latest changes in Companies (CSR Policy) Rules, 2014 including CSR applicability, expenditure modes, penalties for non-compliance, and amendments.

Corporate Social Responsibility in India: Legal Framework & Recent Developments

February 26, 2023 63951 Views 0 comment Print

Corporate Social Responsibility (CSR) is a concept that has gained considerable significance in the business world, especially in India, where companies are increasingly realizing the importance of giving back to society. In India, CSR is not only a voluntary activity but also a mandatory obligation under the Companies Act, 2013

MCA imposes Rs. 92 Lakh penalty for delay in Transfer of Unspent CSR Fund

February 22, 2023 17271 Views 0 comment Print

Violation of Section 135(6) of Companies Act, 2013 by M/S. Kony India Private Limited as company failed to transfer an unspent amount of Rs. 42,09,263/- to the Unspent Corporate Social Responsibility Account within the specified time frame. The company has since transferred the amount, but a penalty has been imposed. The penalty for the company […]

Understanding Corporate Social Responsibility (CSR) Legislation in India

February 21, 2023 6567 Views 0 comment Print

Corporate Social Responsibility (CSR) legislation in India mandates companies (mentioned below) to engage in CSR activities and spend at least 2% of their average net profit from the three fiscal years prior to the current one on CSR initiatives.

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