https://www.taxtmi.com/article/detailed?id=13642 Rule 8(3) mandates that companies with prescribed average CSR obligations undertake impact assessment of completed CSR projects with specified outlays through an independent agency external to the company; purpose is to evaluate social, economic and environmental effects, inform planning, and deepen impact. Expenditure on such assessments may be treated as CSR expenditure subject to a statutory cap, may be shared among collaborating companies, and the resulting reports must be placed before the Board and annexed to the CSR report with an executive summary and web-link permitted for compliance. en-us Tue, 25 Feb 2025 08:57:50 +0530 Tue, 25 Feb 2025 08:57:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=13642 Rule 8(3) mandates that companies with prescribed average CSR obligations undertake impact assessment of completed CSR projects with specified outlays through an independent agency external to the company; purpose is to evaluate social, economic and environmental effects, inform planning, and deepen impact. Expenditure on such assessments may be treated as CSR expenditure subject to a statutory cap, may be shared among collaborating companies, and the resulting reports must be placed before the Board and annexed to the CSR report with an executive summary and web-link permitted for compliance. Articles Corporate Laws / IBC / SEBI Tue, 25 Feb 2025 08:57:50 +0530 https://www.taxtmi.com/article/detailed?id=13642