Corporate Social Responsibility expenditure now expressly includes administrative overheads under the amended rules. The Companies (Corporate Social Responsibility Policy) Amendment Rules, 2014 insert the words 'including expenditure on administrative overheads,' after the phrase 'but such expenditure' in rule 4, sub rule (6), thereby expressly clarifying that CSR expenditure includes administrative overheads; the amendment is made by Central Government notification and takes effect on publication in the Official Gazette.
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Provisions expressly mentioned in the judgment/order text.
Corporate Social Responsibility expenditure now expressly includes administrative overheads under the amended rules.
The Companies (Corporate Social Responsibility Policy) Amendment Rules, 2014 insert the words "including expenditure on administrative overheads," after the phrase "but such expenditure" in rule 4, sub rule (6), thereby expressly clarifying that CSR expenditure includes administrative overheads; the amendment is made by Central Government notification and takes effect on publication in the Official Gazette.
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