Tag: CSR expenditure

MCA/ROC Compliances

CSR Expenditure by Corporates

CSR EXPENDITURE BY CORPORATES  Companies that are subject to CSR provisions are required to spend at least two percent (2%) of their average net profits made during the three (3) immediately preceding financial years on CSR activities as specified in Schedule VII of the Act and in accordance with the Company’s CSR Policy, according to …

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Companies Act / ROC

corporate and professional update july 6, 2016

Professional Update For the Day: DIRECT TAX: Income Tax : ITAT in the given case held that-as the international transactions of payment of royalty and fees for technical services are separate transactions and not closely linked with the other transactions with which the assessee has merged them, we cannot permit such merger or aggregation for …

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