https://www.taxtmi.com/article/detailed?id=5556 The notified CSR rules amend Schedule VII, define Net profit as profit per the financial statements, exclude political party contributions from CSR, permit limited expenditure on capacity building, authorize implementation through registered trusts, societies or section 8 companies or group entities, clarify CSR committee composition where independent directors are not mandated or where only two directors exist, and require continued compliance with CSR provisions for a continuous multi year period once applicability is triggered. en-us Sat, 05 Apr 2014 10:18:24 +0530 Sat, 05 Apr 2014 10:18:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5556 The notified CSR rules amend Schedule VII, define Net profit as profit per the financial statements, exclude political party contributions from CSR, permit limited expenditure on capacity building, authorize implementation through registered trusts, societies or section 8 companies or group entities, clarify CSR committee composition where independent directors are not mandated or where only two directors exist, and require continued compliance with CSR provisions for a continuous multi year period once applicability is triggered. Articles Corporate Laws / IBC / SEBI Sat, 05 Apr 2014 10:18:24 +0530 https://www.taxtmi.com/article/detailed?id=5556