Whether contribution in kind is permissible as CSR or not under section 135 of the Companies Act, 2013 ?
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There is a newly registered company and the Subscribers want to pay Subscription money in Kind in the form of Assets. Can we do that?
I feel it is not possible however want to have clarity.
Dear All,
Whether contribution in Kind is permissible as CSR or not..?
We are in the business of Manufacturing of Welding Machines & consumables, if we provide our Welding Machines (Equipment’s) fee of cost to Industrial Training Institute (ITI)- which will enable students to learn practically to enhance their skills, Can we consider this/cost of machines as CSR …?
Kindly provide objective for mining, environment and planning company.
Can CSR be done in kind ? i.e. If a company is in the business of publications of books whether it can donate books for the purpose of CSR ?
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