https://www.taxtmi.com/acts?id=19042 Rule 7 requires that administrative overheads be limited relative to total CSR expenditure and that any surplus from CSR activities not be treated as business profit but be reinvested in the same project, transferred to the Unspent CSR Account, or sent to a Schedule VII fund within the prescribed post year period. Excess CSR spending may be set off against future CSR obligations subject to exclusion of surplus and a board resolution. CSR capital assets must be held by qualifying charitable entities, beneficiary collectives, or public authorities, with transitional compliance timelines. en-us Thu, 27 Nov 2014 11:57:42 +0530 Thu, 19 Mar 2026 18:00:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=19042 Rule 7 requires that administrative overheads be limited relative to total CSR expenditure and that any surplus from CSR activities not be treated as business profit but be reinvested in the same project, transferred to the Unspent CSR Account, or sent to a Schedule VII fund within the prescribed post year period. Excess CSR spending may be set off against future CSR obligations subject to exclusion of surplus and a board resolution. CSR capital assets must be held by qualifying charitable entities, beneficiary collectives, or public authorities, with transitional compliance timelines. Act-Rules Companies Law Thu, 27 Nov 2014 11:57:42 +0530 https://www.taxtmi.com/acts?id=19042