Corporate Social Responsibility reporting form requires disclosure of CSR committee, computation of 2% obligation, and project spending details. Form CSR-2 requires company identification, financial year, triggers of CSR applicability, and CSR Committee disclosures; it mandates computation of CSR obligation (including 2% of average net profit, set offs and surplus) and detailed reporting of CSR expenditure by project (ongoing and other), mode of implementation, impact assessment, administrative overheads, unspent amounts, and transfers to Unspent CSR Account or Schedule VII funds, with required board authorization and statutory declarations.
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Provisions expressly mentioned in the judgment/order text.
Corporate Social Responsibility reporting form requires disclosure of CSR committee, computation of 2% obligation, and project spending details.
Form CSR-2 requires company identification, financial year, triggers of CSR applicability, and CSR Committee disclosures; it mandates computation of CSR obligation (including 2% of average net profit, set offs and surplus) and detailed reporting of CSR expenditure by project (ongoing and other), mode of implementation, impact assessment, administrative overheads, unspent amounts, and transfers to Unspent CSR Account or Schedule VII funds, with required board authorization and statutory declarations.
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