https://www.taxtmi.com/news?id=14139 Companies meeting Section 135 thresholds must spend a portion of their average net profits on CSR activities; the Board must formulate and monitor a CSR policy or state reasons for non implementation, and companies must disclose CSR expenditure annually, with compliance information available after end of year filings; the statutory duty to implement CSR rests with the company rather than the Government. en-us Tue, 03 Mar 2015 18:09:07 +0530 Tue, 03 Mar 2015 18:09:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=14139 Companies meeting Section 135 thresholds must spend a portion of their average net profits on CSR activities; the Board must formulate and monitor a CSR policy or state reasons for non implementation, and companies must disclose CSR expenditure annually, with compliance information available after end of year filings; the statutory duty to implement CSR rests with the company rather than the Government. News - Tue, 03 Mar 2015 18:09:07 +0530 https://www.taxtmi.com/news?id=14139