Interpretation of Clauses of the CSR Schedule

Posted on April 30, 2014 by SRRF

In regards to interpretation of clauses, if the schedule dealing with CSR – the words cannot be construed to have a narrow meaning. How does an accountant deal with this while he ought to make sure that a CSR head is not wrongly debited.

Best Regards.
Udayan Maroo

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One Response to Interpretation of Clauses of the CSR Schedule

  1. Subhash Mittal says:
    May 8, 2014 at 6:43 am

    Dear Mr Maroo,

    I think reporting framework under the final CSR Rules (refer http://blog.srr-foundation.org/?p=1695 ) is quite elaborate and chances of major mix-up are quite remote. Even I believe new Schedule VII is quite detailed compared to the earlier one (refer http://blog.srr-foundation.org/?p=1680).

    However I am sure corporates would always apply due supervision in ensuring that their are few errors.

    rgds

    S. Mittal

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