Hi Everyone,
What is the treatment of unspent amount which was required
to be spent in pursuance of the CSR policy?
unspent
Hello all,
Whether a company is required to open “Unspent Corporate Social Responsibility Account” project wise or whether there will be a single account managed for all on-going projects?
account
responsibility
social
corporate
unspent
Dear Friends,
Greetings!!
My company is liable to spent first time in CSR for the FY 2021-22, I have some questions:
1) What is the due date to spent this money?
2) Can I transfer that money to unsent CSR account and spent for CSR activity along with next year's liability ?
Please help.
Dear Members,
Whether the Company is required to transfer the cumulative Unspent CSR amount up to the FY 2020-21 to a separate account, in case of ongoing projects? Or will it be sufficient if the Company transfers the Unspent CSR amount relating only for the FY 2020-21 to a separate account? There is no provision created w.r.t. Unspent CSR amount for previous FYs i.e., FY 2019-20, 2018-19, and 2017-18.
It would be a great help if somebody could guide me.
Dear Learned Members,
For FY 20-21, unspent CSR amount of INR 1.25 crores transferred to unspent csr account Whether provisions has to be created in financials for the said unspent csr amount?
Awaiting the views of learned members
Dear Learned Members,
For FY 20-21, unspent CSR amount of INR 1.25 crores transferred to unspent CSR account Whether provisions has to be created in financials for the said unspent CSR amount?
Awaiting the views of learned members
