CSR credit has to be used in 3 years: MCA2 min read . Updated: 26 Aug 2021, 11:12 PM IST
The credit earned for spending on CSR beyond annual obligation will lapse after three years, clarifies MCA
NEW DELHI : The credit that businesses earn for spending on corporate social responsibility (CSR) beyond their annual obligation will lapse unless adjusted against the spending requirements in the subsequent three years, the ministry of corporate affairs (MCA) said.
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