Taxmann’s Corporate Social Responsibility Law & Practice by Taxmann

Acknowledgement

The Author acknowledges the contribution of Adv. Nihal Dalvi, CA Pradeep Shah and Adv. Aditya Bhatt for their invaluable comments on contentious issues, Adv. Aditi Shroff for her tremendous help in making this book possible, CA Kausar Sheikhfor painstakingly reviewing the entire manuscript and Lalit Sharma for the outstanding word processing and correcting efforts in multiple manuscripts. — R. S. KADAKIA

I-5

Chapter-heads

E G A P

Acknowledgement

I-5 Contents

I-9 CHAPTER 1 :

n o i r e t i r c h t r o w t e N R S C

) y t i l i b a t i f o r P ( n o i r e t i r c t i f o r p t e N

n o i r e t i r c r e v o n r u T

g n i n a e M r a e y l a i c n a n i F

e e t t i m m o c R S C

y c i l o p R S C

) R S C ( y t i l i b i s n o p s e r l a i c o s e t a r o p r o C

s r o t c e r i d f o d r a o B

e r u t i d n e p x e R S C

100

t e n e g a r e v a) y ft o i v %t i 2c ( a RR SS CC n om o gr nf i s d u nl ep pr su fs o s u l mp us t t n i f ao ur Qp

s e i t i v i t c a R S C f o n o i t a t n e m e l p m I

a e r a d n a n o i t a r e p o

139

f o a e r a l a c o l o t e ct ni ed r n e u f e o r r Pa

CHAPTER 15 :

I-7

124

CHAPTER 14 :

rn oo yi t nc ae ps h mc oi ch gw no i t d y l o n ha p om t 5o 3c 1a nf oo i ye t c nl ea b s p a fm c o i l op yc t p i y l a i r b s a i ai d ) ci i 1 l s ( p b5 pu 3 As 1

CHAPTER 12 :

CHAPTER 10 :

107

CHAPTER 13 :

CHAPTER 11 :

CHAPTER 9 :

43 CHAPTER 7 :

25 CHAPTER 5 :

CHAPTER 8 :

37 CHAPTER 6 :

19 CHAPTER 4 :

e h t f o e n o g n i l l i f l u f ’ y n a p m o c 5 y3 r 1 e vn eo ‘ i ot t c ys e t i l n ii b ai a cr i l e p t i pr Ac CHAPTER 3 :

d e r i u q e r n o i t c a d n a y t i l i b a c i l p p a ,y t t x i l ei t b ,a d c nl i up op ra g kn co ap Bu CHAPTER 2 :

I-33 Abbreviations

S D A E H R E T P A H C

3 1 0 2 , A C e h t f o I I V e l u d e h c S r e d n u s e i t i v i t c A y n a p m o c n g i e r o f a o t y t i l i b a c i l p p A s u o e n a l l e c s i M

g n i t n u o c c A

s t n e m e r i u q e r e r u s o l c s i D s e t a c i f i t r e c d n a s t r o p e R

R S C n o g n i d n e p s n i s t l u a f e d c e s r e d n u e r u1 t i6 d 9 n1 e, pt xc eA x Ra St Ce fm o o yc t n i l I i b e i h t c t uf do eG D0 -8 Rn So i Ct

226

e h t r e d n u s e s n e p x e R S C f o 1 y6 t 9 i l 1 i b , t i t c c uA dx a et De -m o Rc Sn CI

217

f o s e c n es ue qt i ei s v nt i oc Ca

3 1 0 2 , t c A s e i n a p m o C e h t f o n o i t c e S t n a v e l e R

3 1 0 2 , t c A s e i n a p m o C e h t f o I I V e l u d e h c S

3 1 0 2 , t c A s e i n a p m o C r e d n u s n o i t a c i f i t o N t n a v e l e R

279 ) y c i l o P y t i l i b i s n o p s e R l a i c o S e t a r o p r o C (4 s1 e i 0 n 2 a, ps e ml ou CR

m o C e h t r e d n u s n o i t a c i f i r a l C / s r a 3 l u 1 c0 r 2 i , C t c tA n as vi e en l e a Rp

303

APPENDIX 5 :

SUBJECT INDEX

298 APPENDIX 4 :

276 APPENDIX 2 :

185

3 1 0 2 , A C e h t f o 8 n o i t c e6 s 5 r9 e 1 d, nA uC de eh s t nf eo c5 i l s2 e n i o n i at c pe ms or Co

APPENDIX 3 :

273 APPENDIX 1 :

262 -

CHAPTER 28 :

s e i c n e g a g n i t n e m e l p m i h g u o r h t n o i t a t n e m e l p m I CHAPTER 27 :

t c e j o r p g n i o g n O

CHAPTER 26 :

207 CHAPTER 24 :

202 CHAPTER 22 :

211 CHAPTER 25 :

204 CHAPTER 23 :

198 CHAPTER 21 :

t n e m s s e s s a t c a p m I CHAPTER 19 :

151 CHAPTER 17 :

187 CHAPTER 20 :

161 CHAPTER 18 :

146 CHAPTER 16 :

I-8

APPENDICES

Contents

E G A P

Acknowledgement

I-5 Chapter-heads

I-7 Abbreviations

I-33

BACKGROUND, TEXT, APPLICABILITY AND ACTION REQUIRED UPON APPLICABILITY

1 1.1-2

2 1.1-3

2 t x e T

1.1-1

s n o i t s a e c l i f u i r R a l o c t s s d t n n n e o a i s t m a r a d c l i u n f e t i c d r n m o i u A N C o r g k c a B

I I V e l u d e h c S

s e l u R R S C

s n o i t a c i f i t o N

s r a l u c r i C

t c a e h t f o t i r i p s d n a e v i t c e j b O

y n a p m o c a o t e l b a c i l p p a s i 5 3 1 n o i t c e s h c i h w n i s n o i t a u t i S

y n ad pe i mf s oi t ca ns ae i r d a n) I 1 ( n5 a3 o1 t n o yi t t i c l i e b s af co i l p s pn o Ai t :i 1 d n no oc i t n a e uh t i w S

y n a p m o c n g i e r o f a o t y t i l i b a c i l p p A : 2 n o i t a u t i S

nd ei e vf ei s t sa ns ot i s o i n v oe rr pa ) R1 ( S5 C3 f1 o n o yi t t i c l i e b s af co i l s p n po Ai t :d i 3 n no oc i t n a e uh t i w S

s n o i s i v o r p R S C f o y t i l i b a c i l p p a n o p u d e r i u q e r s n o i t c A

e e t t i m m o c R S C

1.5-1

I-9

1.5

1.4-3

1.4

1.4-2

1.4-1

1.3

3 1.2-3

3 1.2-1

1.2-4

3 1.2-2

3 1.2

1 1.1

S T N E T N O C

E G A P

e e t t i m m o c R S C y b n o i t c A

s r o t c e r i d f o d r a o b y b n o i t c A O F C y b n o i t c A

t c e j o r p g n i o g n o f o t c e p s e r n i t n u o m a t n e p s n U ” s e i n a p m o c n o n “ o t e l b a c i l p p a t o n s i 5 3 1 n o i t c e S ? s e i l p p a 5 3 1 n o i t c e s r e h t e h W s e i n a p m o c l l a m S

, e d o C y c t p u r k n a B d n a y c n e v l o s n I e h t r e d n u y) nC aB pI m( o6 c1 0 A2

s r s a en o yi s li a v i c o nr ap nR i f S eC ey r hb t d de er t e e v l o p mc oe cb d tl o u no sc a n ho i ha t cr i h o p wr o yc nn ai pe mc n oi Cs

APPLICABILITY OF SECTION 135 TO HOLDING COMPANY OR SUBSIDIARY COMPANY OF A COMPANY TO WHICH SECTION 135(1) IS APPLICABLE

d n u o r g k c a B

) 1 ( 3 e l u r f o t x e T

y n a p m o c y r a i d i s b u s d n a y n a p m o c g n i d l o h f o s n o i t i n i f e D

3.4

y f s i t a s d l u o h s f l e s t i y n a p m o c y r a i ) d 1 i ( s b5 u3 s1 / n yo ni t ac pe ms n oi cn go ni i r d e l t o i r Hc

3.5

n e h w y n a p m o c y r a i d i s b ut si / o yt ny al pp mp oa co gt s ne i d s l a o e hc o) t 1 y5 ( t i l 3 i 1 b an co i i lt p c pe As

3.6

g n i d l o h r o y r a i d i s b u s a o t y yn l p a pp am to o nc n yg ae i mr so nf oa i f s o i v y on ra pp Rm So Cc

d n u o r g k c a B

” h t r o w t e n “ f o n o i t i n i f e D

4.2

18 3.3

4.1

15 3.2

” y n a p m o c y r e v e “ o t s e i l p p a 5 3 1 n o i t c e S 2.3

15 3.1

13 2.5

13 2.4

12 2.2

9 1.5-5

7 1.5-3

11 2.1

9 1.5-4

6 1.5-2

I-10

APPLICABILITY TO ‘EVERY COMPANY’ FULFILLING ONE OF THE CRITERIA IN SECTION 135

CSR - NET WORTH CRITERION

E G A P

n o i t a r t s u l l I

n o i r e t i r c h t r o w t e n f o e c n a v e l e R

e c n a l a b d e t i d u a e h t r e p s a ‘ d e n o k c e r e b o t s a h h t r o w t e ’ t ne ee hh Ts h t r o w t e n f o s t n e n o p m o C

l a t i p a c e r a h s p u d i a P

t n u o c c a m u i m e r p s e i t i r u c e S s e s s o l d e t a l u m u c c A

n o i t a m a g l a m a n o p u s e v r e s e R

y n a p m o c n g i e r o f a r o f h t r o w t e n f o n o i t a t u p m o C y n a p m o c 8 n o i t c e s a f o h t r o w t e n f o n o i t a t u p m o C d n u o r g k c a B

n o i r e t i r c y t i l i b a t i f o r p f o e c n a v e l e R

’ t i f o r p t e n ‘ f o g n i n a e M

s t n e m e t a t s l a i c n a n i f r e p s a s i t i f o r p t e N

5.3-3

d e t a d i l o s n o c r e ? s pt sn au o c ec ba de l n u o ol ha sd n ta i f t s o rr po s rt e n hu t e o hc c Wa

5.3-4

e c n a d r o c c a n i d e t a l u c l a c e b o t e8 v9 a1 hn so t i i t f c o re ps h tt e i Nw

5.3-5

r7 e 9 n1 nn ao i mt c ee ms r ae s ed hn t u nn i o di t ea t r u pe mn ou cm e er bl a di l r u e og ha sn ta i f m o rr po tf e s Na

s t n e m e t a t s d e t i d u a r e p s a t i f o r p t e N

t n a v e l e r t o n s i t i f o r p s s o r G

e h t n i d e d u l c n i e b e r ta o ni t nf ao cr p ht ce i n h f wo sn o mi t ea t t i u ep mm oo Sc

5.3-8

t o n n a c s hi t cf i o h r wp t se e n s s f oo l / n eo r i ua t t i t d nu ep pm xo ec fi n o d se mt c eu t i d ee md oe Sb

5.3-9

o t e r a s es si t s f oo l r p dt re an wg rn oi ft u yp rm r ao Cc

5.3-10

t u p m o c n i e l b i t c ? u8 d9 e1 dn ro e i t hc t e e s hr We d -n eu r us t t i i d f no er pp xt ee Rn g Sn Ci

n i d e t c u d e d e b

5.3-7

5.3-6

26 5.3-1

25 5.2

5.3-2

26 5.3

25 5.1

24 4.6-6

22 4.6-4

21 4.6-2

24 4.6-5

21 4.6-3

21 4.6-1

20 4.4

21 4.6

20 4.5

20 4.3

S T N E T N O C

I-11

NET PROFIT CRITERION (PROFITABILITY)

S T N E T N O C

E G A P

d e d u l c x e e b) ] o( t e) r ( ) a 1 h( c2 ne l au r r b[ st a i f eo s r r p e vt oe yn nf ao n mo ot i ra f t gu np i s m i r o a sc t e i f h o t rn Pi ” h c n a r b “ d r o w e h t f o g n i n a e M s e i r a i d i s b u s n g i e r o F

” x a t e r p “ e r a h c n a r b e h t f o s t i f o r P

g n i t t e s t u o h t i w a i d n I e d i s t u o s s e n i s uh bc fn o a r sb t i f a o rp Pu d e d u l c x e e] b) ( o) t ( e) r 1 a ( s2 e e i l n u ar p[ s mt i of co r rp e ht t e o n nf i o a t n r o e i ca t mt ou rp f m do nc ee dh i t v i n Di

n o i t c e s h t i w g n i y l p m o c e b d l u o h s y n a p m o c r e y5 a3 P1 d e d u l c x e s i d n e d i v i d y n A

s d n e d i v i d / s t i f o r p h c n a r b r o f ss ne or i o s r uC l c 5 x. es rR e d t f e a e c tx i f e o rd pu l to e h Ns y n a p m o c 8 n o i t c e s a f o t i f o r p t e N

g n i k n a b , s e i n a p m o c e. c ct ne a, r s ue si nn i a r p om f t o ic f o y rt pi c ti e r nt c fe o l ne os , i t e a i t n u a pp mm oo Cc y n a p m o c n g i e r o f a f o t i f o r p t e N

d n u o r g k c a B

’ r e v o n r u t ‘ f o g n i n a e M

n o i t i n i f e D

’ t e n ‘ t o n d n a e u n e v e r f o t n u o m ae ’u s n s oe rv g e ‘ r s f i ro e vt on nu ro um Ta

e u n e v e” r t n fu o o tc n c ua os s mo al sd s n oa rt g i f no r op de eh s t a n bi sd i e ri z e n vg oo nc re ur T“

n o i r e t i r c ’ r e v o n r u t ‘ f o e c n a v e l e R

e m o c e bn o ti o t i nn of i de td n ue oh ct cf ao ss s e os l o dp nr au tp i f e o h rt pr no i f sr t i e d v eo r n c r lu l A t

s t n u o c c a d e t i d u a n o d e s a b e b o t r e v o n r u T

y l p p u s , e l a s “ m o r f e u n e vs ed r o no og df eo s ” a n bo i st i u rb e i r vt os ni rd ur To

6.2-7

6.2-5

6.2-6

6.2-4

6.2-3

6.2-2

37 6.2

6.2-1

37 6.1

36 5.9

35 5.8

34 5.5-2

35 5.7

33 5.5-1

33 5.4-4

32 5.4-2

35 5.6

33 h ii

5.5

33 5.4-3

32 5.4-1

32 h i

5.4

I-12

TURNOVER CRITERION

E G A P

” s d o o g “ f o g n i n a e M

” s e c i v r e s “ f o g n i n a e M

y n a p m o c 8 n o i t c e s a f o r e v o n r u T d n u o r g k c a B

” r a e y l a i c n a n i f “ f o n o i t i n i f e D

d n u o r g k c a B

” e e t t i m m o C R S C “ f o n o i t i n i f e D

y r o t a d n a m s i e e t t i m m o C R S C f o n o i t a m r o F

y l i r a t n u l o v y t i v i t c a R S C g n i k a t r e d n u y n a p m o C

n o i t a m r o f r o f e m a r f e m i t d e i f i c e p s o N

l a u d i v i d n i n w o s t i m r o f o t s a h y n a p m o c g n i e t e a t r t oi bm am l l o o cC h cR aS EC

e e t t i m m o C R S C f o h t g n e r t s / n o i t i s o p m o C

e e t t i m m o C s Re i Sn Ca p fm o o nc of i t o u s t i e t p s y nt ot cn e gr ne i f wi f od hs si v ea l b s ai Tv

” r o t c e r i d t n e d n e p e d n i “ f o g n i n a e M

r o t c e r i d n a m o w a e v a h t o n d e e n e e t t i m m o C R S C

e e t t i m m o C R S C f o n a m r i a h C

e e t t i m m o C R S C n i s e g n a h C

s g n i t e e m r o f m u r o u Q

e e t t i m m o C R S C f o e r u n e T

e e t t i m m o C R S C e h t y b s n o i s i c e D

s s nRh oSk C i a s i )L v 0 o 5 r(. pds nR Ra n S)a C2 h (t )3 s (es e nll eus hri f d wo e r e r etu n t uc to i n mc i ce ma b o o Cnt o d Rye r Sl i Cnu o q fe e o l r nbe a r oc i u t i t l u i p t d i pn t a s e n p e or x Ca e

8.11

y n a p m o c n g i e r o f a f o r e v o n r u T

8.10

8.8

8.7-4

8.9

8.7-5

8.7-3

46 8.7-1

8.7-2

46 8.7

45 8.5

45 8.3

46 8.6

45 8.4

45 8.2

43 7.2

45 8.1

43 7.1

41 6.2-9

42 6.4

39 6.2-8

42 6.3

S T N E T N O C

I-13

FINANCIAL YEAR - MEANING

CSR COMMITTEE

S T N E T N O C

E G A P

RR SS CC ee r he t fh o w nss h on i k oa t i u t L t a i t u0 s t 5 ni . oss chR t n d ooe nbe n c gi x nse i e d i t l rp o a gpn eas r ee neo otd t i i y t t mi p l e i cmb xoa i ECl e e t t i m m o C R S C f o s e i t u d / s n o i t c n u F

y c i l o p R S C e h t g n i t a l u m r o F

n a l p n o i t c a l a u n n a e h t g n i t a l u m r o F

e r u t i d n e p x e R S C f o t n u o m a e h t n i a t r e c s A

s r o t c e r i d f o d r a o b e h t o t s n o i t a d n e m m o c e r g n i k a M y c i l o p R S C e h t g n i r o t i n o M 8.12-6

n o d n a b a o t s r o t c e r i d t c fe o j o dr rp a og bn i eo hg t n oo t dn na ey f mi md oo cm er Ro 8.12-7

t c e j o r p e h t r e t l a o t d r a o b e h t o t d n e m my a ol ct eu Ro

54 8.12-8

n i n e k a t r e d n us e ei n ma mp am r o g oc rr pe h rt oo sh t t c i ew j o rn pi o t na or to r b oa pl l eo Rc s e t u n i m / s d r o c e r r e p o r p f o e c n a n e t n i a M

t r o p e r ’ s r o t c e r i d n o e r u t a n g i S

d l u o c t a h t s r o t e c e et r t i i d m fm o do rC a oR bS eC he t h ft o o st e d i e t n u g di s rs e ha t e Ob

n a l p n o i t c a l a u n n A

n a l p l a u n n a f o n o i t a z i l a n i f r o f g n i m i T

n a l p l a u n n a n i d e r i u q e r s r e t t a M

e m m a r g o r p / s t c e j o r p f o n o i t u c e x e f o r e n n a M

n a l p l a u n n a e h t r e t l a o t d r a o b e h t o t d n e m m o c e R

e e t t i m m o C R S C f o n o i t i s o p m o c f o e r u s o l c s i D

s t l u a f e d r o f s e i t l a n e P

e e t t i m m o C R S C g n i t u t i t s n o c r o f n a l p p e t S

e e t t i m m o C R S C f o s n o i t u l o s e r n e m i c e p S

e e t t i m m o C R S C f o n o i t u t i t s n o C

e e t t i m m o C R S C f o n o i t u t i t s n o c e R

d n u o r g k c a B

9.1

8.17-1

8.16

8.17-2

8.17

8.15

8.13-4

58 8.13-2

8.14

58 8.13-3

57 8.13-1

55 8.12-10

57 8.13

55 8.12-11

55 8.12-9

8.12-5

53 8.12-3

52 8.12-1

53 8.12-4

53 8.12-2

52 8.12

52 8.11-1

I-14

CSR POLICY

E G A P

y c i l o P R S C f o n o i t i n i f e d e h t g n i s a r h p a r a P e v i t s u a h x e s i n o i t i n i f e D

y c i l o P R S C f o e c n a t r o p m I

y r o t a d n a m s i y c i l o P R S C f o n o i t p o d A

y c i l o P R S C f o t r a p e b d l u o h s s e i t i v i t c A

o t n i n e k a t e b o t e e t t i m m o C R S C y b n o i t a d n e mt n mu oo cc ec Ra d e v o r p p a e b o t s i y c i l o P R S C h c i h w n i h t i w e m a r f e m i T y c i l o P R S C ” f o e c n a u s r u p n i “ e b o t s a h g n i d n e p S s e l p i c n i r p g n i d i u G

y c i l o P R S C f o n o i t a c i f i d o M

n a l p n o i t c a l a u n n a

e c n e u q e S

y c n e g a g n i t n e m e l p m i h g u o r h t y t i v i t c A

y c i l o P R S C f o e r u s o l c s i D

s e i n a p m o c d e t s i l f o y c i l o P R S C n e m i c e p S

l a u n n a g n i d u l c n i y c i l o P R S C a g n i t a l u m r o f r o f n a nl ap l p n o pi ec t t S a s t l u a f e d r o f s e i t l a n e P

d n u o r g k c a B

n o i t i n i f e d R S C

e v i t s u a h x e s i n o i t i n i f e D

t n e m n r e v o g / s r o t c e r i d f o d r a o b f o e l o R

n o i t c e s f o e c n a u s r u p n i n e k a t r e d n u s e i t i v i t c a s n a e m R5 S3 C1

10.5

10.3

10.5-1

e h t f o I I V e l u d e h c S o t e l b a t a l e r e b t s u m s3 e i 1 t i 0 v 2 i t A c AC

10.5-2

d e g a s i v n e t o n s i e m e h c s t n e m n r e v o g fR o S gC nr i d e nd un Fu

10.5-3

e h t h t i w e c n” as de rl ou cr ce as e h nt i “ n ei bd e n oi t a t sn e o i t c i v s i n t c o i as i v Ro Sr Cp

s e i t i v i t c a e l b i s s i m r e p m I

10.5-4

10.4

10.2

” y c i l o P R S C “ f o n o i t i n i f e D

9.16

73 10.1

69 9.18

69 9.17

68 9.15

68 vis-à-vis

9.13

68 9.11

68 9.14

68 9.12

67 9.10

66 9.9

66 9.8

66 9.7

65 9.5

65 9.3

66 9.6

65 9.4

65 9.2

S T N E T N O C

I-15

CORPORATE SOCIAL RESPONSIBILITY (CSR)

S T N E T N O C

E G A P

f o e s r u o c lR a S mC r oy nb d fe o r e ev co nc at uo sn r us pi y nn i a tp u m oo c de eh i r t r f a co s ye s t i n v i i s t c u Ab

l a m r o n e h t n i n e k a t r e d n u s e i t i v i s t s c e an fs i o su nb of i o t a e r s t r s u uo l l c I e h t n i n e k a t r e d n u t o ns s se e n i t i i s v u i t b c f ao fe o s r su no oc i t l a a r t m s r uo l l n I y c n e g a g n i t n e m e l p m i h g u o r h t y t i v i t c A y n a p m o c 8 n o i t c e s o t y t i l i b a c i l p p A

l -a p c oi l d e ve e s dms e ddn n na i s as u hg b cuf r ro a d e, e s s e e r n r u i c o nc i c dal eva g m awr geo nnn efr o i yye nt h ai t pvn i t i mc s oae ctc i ynv nee Amd s n o i t p e c x E

n i y t i v i t c a f o t c e p s e r n i a i d n I e d i s t u o e r u t i d n a ei pd xn EI d e r e v o c o s l a s i y l t c e r i d n i d e r r u c n i e r u t i d n e p x E

yd nr e ae ov t o yc l t t o c en r s i i d t nc i rA oe h yt l t f c eo r 2 i 8 d 1 tn n o ui oc t me as r ye nd an fu o y t nr oa i t p u lR ba i cS r i t t C i n l oo y Cpb

l a c i t i l o p h t i w s u x e n g n i v a h y c n e g a g n i t n e m ey l t p r ma Ip

y l t c e r i d ‘ n e v i g e b

r o

t o n n a c n o i t u b i r ’ t y n l t oc ce r i ed hn Ti

10.8-2

o c t o n s i y n a p m o c e h t f o s e e y o l p m e g n i t t i f R e nS eC by yb t i d v e i t r c e Av

s e e y o l p m E

” g n i t t i f e n e b “ f o g n i n a e M

s a d e d r a g e r e b d l u o c h cs i e h e wy o sl ep i m t i e v i g t n c i at t i ee f mn oe Sb

s e e y o l p m e g n i t t i f e n e b t o n e r a h c i h w s e i t i v i t c a e m o S

d n a s e e y o l p m e f o t i f e n e b r? oR f S yC t ie r v i h t t c e ah eW t i s os pr e mh ot Co

y c n e g a g n i t n e m e l p m i h g u o r h t t n e m y a P

10.9-6

10.9-5

10.9-2

10.9-4

10.9-3

10.9-1

g n i n a e M ” s s e n i s u b f o e s r u o c l a m r o N “

t o n s i a i d n I e d i s t u o y n a p m o c e h t y b n e k aR t r S e dC ny ub d ye t i r v e i t v c o Ac

10.8-1

10.9

82 10.8

82 10.7-2

82 10.7-3

81 10.7-1

78 10.6-5

81 10.7

80 10.6-6

78 10.6-4

77 10.6-3

76 10.6-2

75 10.6-1

75 10.6

I-16

E G A P

rs oi f s e sc i s i v a r be ps i r h so r s ot sc nu od po sr np os t yi nr ao pf s mt i of ce an e yb bg R dn S et iC t e r oky prb pad e umr s e gv yn t o i i v v c i i t t r c o e Adn p i h s r o s n o p S

g n i v i r e d r o f t u o d e i r r a c e b ds l t u i f oe hn se yb t i g v n i i t t c e ak er ha Tm y c n e g a g n i t n e m e l p m i h g u o r h t t n e m y a P n o i t a g i l b o y r o t u t a t s f o t n e m l i f l u f r o f y t i v i t c A

R S C y b d e r e v o c t o n s i w a l y n a g n i n e v a r t n o c y t i v i t c A t n e m e e r g a R S C

s e i t l a n e P

R S C f o g n i n a e m / e p o c s e h t g n i d n a t s r e d n u r o f t s i l k c e h C d n u o r g k c a B

s r o t c e r i d f o d r a o b f o s e i t u d / s n o i t c n u F

e e t t i m m o C R S C e t u t i t s n o C

y c i l o P R S C e v o r p p A

e e t t i m m o C R S C f o s n o i t c n u f e h t m r o f r e P

n a l p n o i t c a l a u n n a r e t l a / e v o r p p A

y b d e r e v o c e r a y c i l o P R S C n i d e d u l I c I nV i e sl e u i t d i v e i h t c c AS

n e k a t r e d n u e r a y c i l o P R S C n i d e r r u c n i s e i t i v i t c A

d e r r u c n i s i e r u t i d n e p x E R S C d e r i u q e R

s a e r a l a c o l o t e c n e r e f e r p e v i G

” s t c e j o r p g n i o g n o “ g n i d r a g e r s n o i s i c e D

g n i o g n o n a h t r e h t o s t c e j o r p o t g n i t a l e r s ns t oc i s e i j c o er Dp

y a l t u o t c e j o r p n i n o i t a r e t l A

l a t o t f o % 5 d e e c x e t o n o d s d a e h r e e vr ou et vd i i t n a e r t p s x i n E i mR dS AC

d e v o r p p a e h t r o f d e s i l i t u e r a d e s r u b s i s d e s so dp nr uu Fp

11.2-13

11.2-12

11.2-10

11.2-8

11.2-11

11.2-9

11.2-7

95 11.2-5

95 11.2-3

11.2-6

95 11.2-4

94 11.2-2

94 11.2

11.2-1

94 11.1

92 10.14

91 10.12

92 10.15

92 10.13

91 10.11

90 10.10-2

91 10.10-3

90 10.10-1

89 10.10

S T N E T N O C

I-17

BOARD OF DIRECTORS

S T N E T N O C

E G A P

y t i v i t c a R S C m o r f s u l p r u S

e h t y b n e v i g ,] y ) n8 ( a5 f3 i , 1 s nn oi o i t t c c ee r s i [ d t ln a e i c m en pr se hv t o i wG ya l l p r t mn oe CC t n e m s s e s s a t c a p m I e t i s b e W

R S C n o t r o p e r l a u n n A

t r o p e r ’ s r o t c e r i d e h t n i e s o l c s i d l l a h s d r a o b e h T t n u o m a t n e p s n u f o r e f s n a r T

d n u o r g k c a B

s r a e y l a i c n a n i f e e r h t d e t e l p m o c e v a h t o n d e e n y n a p m o C s t i f o r p t e n e g a r e v a f o n o i t a t u p m o c f o n o i t a r t s u l l I

) 5 ( 5 3 1 n o i t c e s r o f s t i f o r p t e n e g a r e v A

e r u s o l c s i D

e r o m d n e p s y l i r a t n u l o v y a m y n a p m o c A

e r u t u f t s n i a g a f f o t e s e b y a m g n i d n e pn so i t sa s e g i cl xb Eo

n o i t a c i f i r a l c A C M

e r u s o l c s i D

1 2 0 2 0 2 r a e y l a i c n a n i f o t y t i l i b a c i l p p A

s e i t i v i t c a R S C m o r f s u l p r u S

n o i t a r t s u l l I

’ s u l p r u s ‘ f o g n i n a e M

t c e j o r p ” e m a s “ o t n i k c a b d e h g u o l p e b o t s i s u l p r u S

e r u s o l c s i D

s h t n o m 6 f o t i m i l e m i T

106

12.6-4

s e i t l a n e P

106

12.7

t l u a f e d r o f s e i t l a n e P

106

12.6-5

105

12.6-3

105

12.6-1

104

12.5-4

105

12.6-2

105

12.6

104

12.5-3

103 12.5-1

103 12.5-2

103 12.5

102 12.4

101 12.2

103 12.4-1

101 12.3

100 12.1

99 11.2-20

98 11.2-18

99 11.3

98 11.2-19

98 11.2-17

97 11.2-15

98 11.2-16

97 11.2-14

I-18

QUANTUM OF SPENDING ON CSR (2% OF AVERAGE NET PROFITS PLUS SURPLUS FROM CSR ACTIVITY)

E G A P

13.1-1

107 13.1-2

108

e r e u r t g i u n d i t i n d n e n a p e g e x p n M E x i n R E a ” S R e e r C S M u g C t - d i n n ” n i i r d n e r d e p u e x c d d p n u n S E i l u “ “ f c o o n r i s g s e k d m c o e a t M I B

I I V e l u d e h c S y b d e r e v o c s e i t i v i t c a n o e r u t i d n e p x E y c i l o P R S C f o e c n a u s r u p n i e r u t i d n e p x E

l a u t c a t u b d n e r a e y e r o f e bd n de er r r a ue cy nr i e ef t r ua t t i n d ne em py xa Ep s d a e h r e v o e v i t a r t s i n i m d A

e r u t i d n e p x e l a t i p a C

? e r u t i d n e p x E R S C r e h t e h W d n i k n i n o i t u b i r t n o C

r e h t e h W s r e e t n u l o v / f f a t s R S? Ce r ou t t i dd i n a e pp sx e E i r a R l S a SC

n e p x E R S C s a d e d r a g e r e b o t e r u t i d n e p x ee r Du &i t Rd

a i d n I e d i s t u o g n i n i a r T

l a t i p a c f o n o i t i s i u q c a r o n o i t a e r c r o f e r u t i d n t ee ps xs Ea

n o i t a z i n a g r o l a n o i t a n r e t n i o t e l b a y a p s e e F

t s o c t n e m s s e s s a t c a p m I

a f o

y r a i d i s b u s n a i d n I n a r o f ey r un t a i p d nm eo pc xn Eg i Re r So Cf

t e s s a l a t i p a c f o r e f s n a r t o t d e t a l e r s e s n e p x E

e r u t i d n e p x E R S C m o r f s n o i s u l c x E

s t n e v e f f o e n o n o e r u t i d n e p x E

e l u d e h c S e d i s t u o s m e t i / s e i t i v i t c a n o e r u t i d n e pI xI EV

r a e y l a i c n a n i f t n a v e l e r f o d n e e h t r e t f a g n i d n e p S

R S C e h t f o e c n a u s r u p n i t o ny sn i a hp cm i h o wc ee r h ut t f i o d ny ei c pl xo EP

118

13.4-4

118

13.4-1

118

13.4-3

118

13.4-2

118

13.4

117

13.3-13

117

13.3-14

117

13.3-12

115 13.3-10

116 13.3-11

115 13.3-9

115 -

13.3-8

112 13.3-5

114 13.3-7

113 13.3-6

110 13.3-4

110 13.3-3

109 13.3

109 13.3-2

109 13.2

109 13.3-1

107 13.1

S T N E T N O C

I-19

CSR EXPENDITURE

S T N E T N O C

E G A P

s ns i e n ni es ku ab t r s t ei df no ue s yr t u i v o i c t c l aa m yr no an ne h ot ] ) ef( ro) ue( tc ) i 1 n( d na2 eue s pr l u xu r Ep[

i t c a r o s e m m a r g oa ri pd rn oI e sd t i c s et j u o ro pn e nk oa t er r e ud t i n d u ns ee pi t xi Ev y t r a p l a c i t i l o P

13.4-9

e h t y b d e t r o p p s ui ss a sb ep i t i i h v s i r t o c s an o np os en ro us e ti i n d na ep pm xo Ec

119 13.4-10

t n a u] s) r u( p) ( n) e1 k( a2 t e r l e u dr n[ s un yo t i i t v a i t g c i l ab yo ny ar o nt ou ea t r t us t i r d e nh et po xo Et

119 13.4-11

lo a t t i d p e ar cr e ff o e nr os i e t i i t s i i t u n qe cy ab rd ol ne oh i t t o a en r s c i rt oe s f s ea r ) e uh 4 ( t i t 7 d fe ni l tu ee ps r xs n Ea i

119

13.4-12

l a t o t f o % 5 g n i d e e c x e] ) 1 s( d7 ae el hu rr e [ ve or u et vd i i t n a e r t p s x i n E i mR dS AC d iv

tl e i fu e r n[ es bi e ei l hm t ra of f r i se i h ht cr i h o wy n ya t i p v i m t c o ac ye nh at nf oo s ee r ] ue) y t o i l d ( np) em) ( pe1 xf ( Eo 2 s u p r o c o t n o i t u b i r t n o C

) s1 r ( a5 e3 y1 en ho t i t c ne i s dhy ec n r ia r uhp cwm nno i i rc ya l a i eo r ayt t le n a l uib c l a nc o val i np i ef p r uea tt hs i e d nem ero o pf c xe e Ebb

f o t) ] u 2 o( g7 nl e i s u i r r [ a r sa ue l y p rg un si fd o e tc u e or dp ea r n r i uy ct nv i i i et r c ua t i R d nS eC pe xh Et

t i m i l d e i f i c e p s f o s s e c x e n i t s o c t n e m s s e s s a t c a p m I

1 8 1 n o i t c e s n i d e i f i c e p s s a d n u f a o t n o i t u b i r t n o C

y c n e g a g n i t n e m e l p m i o t t n e m e s r u b s i d e r e M

e r u s o l c s i D

s e i t l a n e P

d n u o r g k c a B

4 e l u r f o t x e T

125

14.2

y c n e g a g n i t n e m e l p m i y b d e n i a t e r p u k r a M

125

14.1

123

13.7

122

13.5

121

13.4-17

123

13.6

121

13.4-18

121 13.4-16

120 13.4-15

120 13.4-14

120 13.4-13

119 13.4-8

120

d vi

119 13.4-7

119 13.4-6

119 13.4-5

I-20

d i

IMPLEMENTATION OF CSR ACTIVITIES

E G A P

I I V e l u d e h c S h t i w e c n a d r o c c a n i e b t s u m s e i t i v i t c a e h T

ea hf t o gs nt i c v e oj ro pr pp a/ s re om f m ya t r i r g oo hr t up aR yS rC o t e uh tt a t f s o en t o a i i t r pa oty rnn e pm a pe p al pm om o Ni c s s e c o r p R S C e h t g n i r o t i n o m r o f m s i n a h c e M n o i t a c i f i r a l c A C M

R S C f o s e c n a i l p m o c n i t n e m n r e v o G f o e l o R a i d n I n i t u o d e i r r a c e b t s u m s e i t i v i t c a R S C s e i t i v i t c a R S C f o n o i t a t n e m e l p m i f o a e r A s n o i t a z i n a g r o l a n o i t a n r e t n I

s e i t i v i t c a d n a s m a r g o r p R S C e h t g n i t n e m e l p m i f o r e n n a M n i e ge nm am ha Cr

g o r p R S C g n i t n e m e l p m i f o r e n n a m / t c e j o r p n i y l n o s e i t i v i t c a R S C fe o d no om i t a e t m n em ma er l g p o mr Ip s d n u f d e i f i c e p s o t n o i t u b i r t n o C

y n a p m o c e h t y b n o i t a t n e m e l p m i t c e r i D

14.13

y b p u t e s y t e i c o s / t s u r t / y n a p m o c h g u o r h t n o i t y a n t a n ep mm o ec l p e mh It

14.14

d e h s i l b a t s e y t e i c o s / t s u r t / y n a p m o c h g u. oc r t he t , t nn oe i t m a t n n r ee mv eo l G p my Ib

132

14.15

e t a t s r o t n e m a i l r a p f o t c a n a r e d n u d e h s i l b ae t s r e u t a yl t s i i t g n e El

y t e i c o s / t s u r t / y n a p m o c r e h t o y n a h g u o r h t n o i t a t n e m e l p m I

s e i n a p m o c r e h t o h t i w n o i t a r o b a l l o C

t e s s a l a t i p a c a f o n o i t i s i u q c a e v l o v n i y a m n o i t a t n e m e l p m I

e r u s o l c s i D

l e n n o s r e p n w o f o e s u y b n o i t a t n e m e l p m I

t i d n u o r a a e r a d n a n o i t a r e p o f o a e r a l a c o l o t e c n e r e f e r P

t c e j o r p g n i o g n O

] ) 3 ( 8 e l u r [ t n e m s s e s s a t c a p m I

s e i t l a n e P

135

14.22

s e i t i v i t c a R S C f o n o i t a t n e m e l p m i n i d e r e d i s n o c e b o t s t c e p s A

135

14.23

135

14.21

135

14.19

134

14.18

135

14.20

134

14.18-1

133

14.17

131

132

14.12

132

14.16

131 14.11

130 14.10-2

128 14.10-1

128 14.10

128 14.8

127 14.6-2

128 14.9

127 14.7

126 14.6-1

126 14.4

126 14.6

126 14.5

126 14.3

S T N E T N O C

I-21

132

S T N E T N O C

E G A P

PREFERENCE TO LOCAL AREA OF OPERATION AND AREA AROUND IT

e c n a c i f i n g i s d n a g n i n a e M ” e c n e r e f e r P “ g n i n a e M ” a e r a l a c o L “ 15.2-3

144 15.2-4

145

n o i t a r g e n p i o n a f e o s M a e - r ” a s e e t l a p r i t e l p u O e “ M r u s o l c s i D

s e i t l a n e P

d n u o r g k c a B

] ) ( ) 3 ( 8 e l u r [ t n e m s s e s s a t c a p m i y r o t a d n a m r o f s n o i t i d n o C d r a o b e r o f e b d e c a l p e b o t t r o p e r t n e m s s e s s a t c a p m I

e s o p r u P

s e e f t n e m s s e s s a t c a p m i r o f t i m i L

t i m i l e l b i s s i m r e p e h t d e e c x e y a m s e e f l a u t c A

s e r o r C 0 1 . s R d e e c x e d l u o h s n o i t a g i l b o R S C

s t c e j o r p d e t e l p m o c r o f y l n o t n e m s s e s s a t c a p m I

r de eh t t n eo h mt ei l w p n mo ii s t t a c r eo j b o a rl pl ro oc f n di r eo r i y u c qn ee r og sa l g a n si i t t n n ee mm e sl s p e s me s s ii a hn tg a c aup pom r mh o c It

y c n e g a t n e d n e p e d n i y b t n e m s s e s s a t c a p m I

s d n u f o t n o i t u b i r t n o c r o f t n e m s s e s s a t c a p m i o N

1 2 0 2 0 2 r a e y l a i c n a n i f

y t i l i b a c i l p p A

s t c e j o r p l l a r o f r a e y y r e v e r e h t e h W ? e -r to n r eC m1 ss . s e R s s g a n i td c e ae pc mx Ie

? e r u t i d n e p x E R S C r e h t e h W t n e m s s e s s a t c a p m i y r a t n u l o V

e r u s o l c s i D

s e i t l a n e P

150

16.15

t i d n u o r a a e r a d n a n o i t a r e p o f o a e r a l a c o l o t e c n e r e f e r P

150

16.14

150

16.12

149

16.10

150

16.13

150

vis-à-vis

16.11

149

16.9

149 16.7

148 16.5-1

149

16.8

148 16.6

148 16.5

d n u o r g k c a B

16.2

148 16.4

147 a

147 16.3

146 16.1

145 15.4

143 15.2-2

139 15.2

145 15.3

140 15.2-1

139 15.1

I-22

IMPACT ASSESSMENT

E G A P

d n u o r g k c a B

” t c e j o r p g n i o g n o “ f o g n i n a e M g n i s a r h p a r a P

e s o p r u P

” t c e j o r p g n i o g n o “ f o n o i t a r u D

e t a d e v i t c e f f E

t c e j o r p g n i o g n o f o t n e m e c n e m m o C

t c e j o r p g n i o g n o y n a r o f d o i r e p e m i t e l b i s s i m r e p m u m i x a M ” t c e j o r p g n i o g n o “ f o n o i t a t n e m e l p m i r o t i n o m l l a h s d r a o B ] ) 6 ( 5 3 1 n o i t c e s [ t n u o c c a k n a b l a i c e p s o t r e f s n a r T

y r o t a d n a m s i c / A R S C t n e p s n u o t r e f s n a r T n o i t a r t s u l l I

t n e m d n e m a f o n o i t a c i l p p a e v i t c e p s o r P

n o i t a c i f i r a l c A C M

g n i o g n o n o g n i d n e p s r o f h t n o m e n o l a n t oc i t e i j d o dr Ap

? t n u o c c a l a i c e p s f o t u o d e c a l p e b D F n a C

t n e r e f f i d r e h t e h W -? d se t c n ee j p o ro pe gb nt o i o e gv na oh tt s n en r u e o f c f i c Da

t n u o c c a R S C t n e p s n u n i s d n u f f o e s U

p u d o i r e p f o t c e p s e r n i t n u o m a R 0 S2 C9 t1 n e0 p2 sr na ue fY o l a ti n c en ma n ti a eF r o Tt

g n i o g n o h t i w n o i t c e n n o c n i d r a o b e h t f o s e i t i l i b i s s nt c oe pj so e r Rp

s m r e t l a i c n a n i f n i s p e t s d a o r B

s e i c n e g a g n i t n e m e l p m i h g u o r h t n o i t a t n e m e l p m I

n o i t a c it f c i e dj oo r Mp

n a f o t n e m n o d n a b a r o

g n i o g n o

159

17.13

d e s u e b t c e j o r p e n o r o f d e k r a t mc e rj a o er sp dr ne h ut fo fn o a er s o Uf

159

17.14-1

159

17.14

158

17.12

157

17.11

157

17.10

156 17.9-7

156

17.9-8

156 17.9-6

155 17.9-4

155 17.9-2

155 17.9-5

155 17.9-3

154 17.9-1

154 17.8

153 17.6

154 17.9

153 17.7

152 17.5

152 17.3

152 17.2

152 17.4

152 17.2-1

151 17.1

S T N E T N O C

I-23

ONGOING PROJECT

S T N E T N O C

E G A P

e t i s b e w n o e r u s o l c s i D

t r o p e r ’ s r o t c e r i d n i e r u s o l c s i D s e i t l a n e P

d n u o r g k c a B

y c n e g a g n i t n e m e l p m i f o s e p y T

d e h s i l b a t s e y t e i c o s / t s u r t / y n a p m o c h g u o r h t y nn oa i t p a t m n o ec me eh l t p my Ib

f o G 0 8 n o i t c e s d n a A 2 1 n o1 i 6 t 9 c e1 s , t rc e dA nx a ut noe i m t a o r c t n s i I g e eh Rt g n i n a e M t s u r t ” d e r e t s i g e R “

y t e i c o S

. c t e , s e e t s u r t e m o c e b n a c s r e d l o h e r a h S / s r o t c e r i D d e r i u q e r t o n d r o c e r k c a r T

g n i n a e M d e h s i l b a t s E

y n a p m o c e h t f o y r a i d i s b u s y b d e h s i l b d ae t r s e e v yo t c i t t n o en ns Ai

s e i n a p m o c g n i t a r o b a l l o c r o f y t i t n e g n i t n e m e l p m I

y t r a p d e t s e r e t n I

n o i t a r t s i g e r R S C

d e h s i l b a t s e y t e i c o s / t s u r t / y n a p m o c h g u. oc r t he t , t nn oe i t m a t n n r ee mv eo l G p my Ib

d e r i u q e r t o n d r o c e r k c a r T

t o n s i 1 6 9 1 , t c A x a t e m o c n I e h t r e d n u n o i t d a e r t r s i i u g q ee Rr

t s u r t d e r e t s i g e R

y t e i c o S

g n i n a e M ” d e h s i l b a t s E “

n o i t a r t s i g e r R S C

t n e m a i l r a p f o t c a n a r e d n u d e h s i l b a t s e y t i t n E

y t e i c o s / t s u r t / y n a p m o c e b t o n d e e n y t i t n E

168

18.5-1

168

18.4-6

168

18.4-4

168

18.5

168

18.4-5

168

18.4-3

167

18.4-2

167

18.4

166 18.3-9

167

18.4-1

167 18.3-10

166 18.3-8

166 18.3-7

164 18.3-5

164 18.3-3

165 18.3-6

164 18.3-4

164 18.3-2

162 18.3

162 18.3-1

162 18.2

160 17.16

162 18.1

160 17.17

160 17.15

I-24

IMPLEMENTATION THROUGH IMPLEMENTING AGENCIES

E G A P

d e r i u q e r t o n d r o c e r k c a r T

” t c a n a r e d n u “ d e h s i l b a t s E d e r e t s i g e R

n o i t a r t s i g e r R S C

y t e i c o s / t s u r t / y n a p m o c r e h t o h g u o r h t n o i t a t n e m e l p m I 1 6 9 1 , t c A T I e h t r e d n u n o i t a r t s i g e R t s u r t d e r e t s i g e R

y t e i c o S

y n a p m o c g n i d l o h r o y r a i d i s b u s y b d e h s i l b a t s E d r o c e r k c a r T

y t r a p d e t s e r e t n i n a e b d l u o c y n a p m o C n o i t a r t s i g e r R S C

n o i t a r t s i g e r R S C

n o i t a r t s i g e r f o e s o p r u P

t o n d e e n 1 2 0 2 l i r p A t s 1 o t r o i r p d e v o rd pe pr at e ss t i c g ee j r o re Pb e c n e u q e S

n o i t a r t s i g e r r o f e t a d t s a l o N

yt cn ne em gn ar e gv no i t G n el a mr et l n p me iC e nh at ph ut gi nw i t t i t e g s n ri or e f t ] s ni ) 2 ag ( l e4 p r e pdl en u t r S a[

g n i t n e m e l p m i h g u o r h t d e t n e m e l p m i e b n a c s t c es j e o i rc pn e lg l A a

t e s s a l a t i p a c a f o n o i t i s i u q c a e v l o v n i y a m n o i t a t n e m e l p m I

o t e l b a c i l p p a e r a s e l u R / t c A e hs te i rc en de ng ua g sn nt i on i t e c m i r e t l s p em Ri

r e c i f f o l a i c n a n i f f e i h c y b e t a c i f i t r e c d n a d r a o b y b g n i r o t i n o M

f l e s t i y n a p m on cw eo hs t t ni en ho ws e i yt l i p v i pt ac ta o nR yS aC s me )k 5 a ( t 4 r e ed l u n Ru

1 2 0 2 0 2 r a e Y l a i c n a n i F . f . e . w e l b a c i l p p A

e s r e p t n e m y a p r o f d e r i u q e r t o n e t a c i f i t r e c O F C

o t d e r i u q e r t o n e t a c i f i t d r e e cd a o Ol Fp Cu

/ d e h c a t t a e b

177

18.11-3

O F C f o t r o p e r f o y c n e u q e r f / t a m r o F

177

18.11-5

177

18.11-4

177

18.11-2

174

18.11-1

174

18.10

174

18.11

173

18.9

173 18.7-5

173 18.8

173 18.7-4

172 18.7-2

172 18.7

173 18.7-3

172 18.7-1

172 18.6-7

170 18.6-5

170 18.6-3

172 18.6-6

170 18.6-4

170 18.6-2

169 18.5-5

168 18.5-3

169 18.6-1

169 18.5-4

168 18.5-2

169 18.6

S T N E T N O C

I-25

S T N E T N O C

E G A P

e r u s o l c s i D

s e i t l a n e P

s t n e m e e r g a n e m i c e p S

5 3 1 n o i t c e s r e h t e h W 8 n o i t c e s r e d n u d e s n e c i l s e i n ? as e pi l mp op Ca y n a p m o c 8 n o i t c e s

s n o i s i v o r p R S C

n o i r e t i r c h t r o w t e N

e e t t i m m o C R S C

n o i r e t i r c t i f o r p t e N

n o i r e t i r c r e v o n r u T

y c i l o P R S C

s s e n i s u b f o e s r u o c l a m r o N

e r u t i d n e p x E R S C

s e i t i v i t c a R S C f o n o i t a t n e m e l p m I s e i t l a n e P

I I V e l u d e h c S f o e c n a t r o p m I

I I V e l u d e h c S n i d e n o i t n e m s e i t i v i t c A

s e i r t n e e h t f o n o i t a t e r p r e t n i l a r e b i L

9 1 d i v o C r o f s d n u f R S C f o g n i d n e p S

I I V e l u d e h c S y b d e r e v o c s e i t i v i t c A

r o f d n u f f e i l e r e t a t s ‘ / ’ d n u fd fe e d i l u e l r c sx ’ e r e e t r s i a n ’ i 9 m1 fd e i i v h o CC ‘

s e g a w / y r a l a s f o t n e m y a P

n o i t i r t u n l a m d n a y t r e v o p , r e g n u h f o n o i t a c i d a r E

192

20.5

n e k a t r e d n u s t c e j o r p r o f e r us t i e d i nc en pe xg ea g Rn Si Ct rn ue cm nl e i op t m t i i mh ig l u eo mr ih T t

192

20.4-3

191

20.4-2

190

20.4

188

20.2

190

20.4-1

190

20.3

187

20.1

186 19.3

186 19.2-6

186 19.2-8

186 19.2-7

186 19.2-5

186 19.2-3

185 19.2-1

186 19.2-4

185 19.2-2

185 vis-à-vis

19.2

180 18.14

185 19.1

180 18.15

179 18.13

177 18.12

I-26

COMPANIES LICENSED UNDER SECTION 8 OF THE CA 2013 OR SECTION 25 OF THE CA 1956

ACTIVITIES UNDER SCHEDULE VII OF THE CA, 2013

E G A P

n o i t a t i n a S

’ n o i t a c u d e f o n o i t o m o r P ‘

’ n o i t a c u d e f o n o i t o m o r p ‘ y b d e r e v o c t o n s e i t i v i t c A y l l a c i m o n o c e y b d e c a f s e i t i l a u q e n i g n i c us dp eu r o rr og f d sr e a r uw sk a c ea Mb y t i l i b a n i a t s u s l a t n e m n o r i v n e g n i r u s n E t c e j o r p t n e m p o l e v e d l a r u R

s d n u f o t n o i t u b i r t n o C

e v o b a ) ( n i d e i f i c e p s d n u f r e h t o y n A A C M y b n o i t a c i f i r a l C

194 20.14

195

1 6 9 1 , t c A x a t e m o c n I e h t f o 3 1 n o i t I c I eV s e l ou t d e h c S 20.13 Explanation 2 vis-à-vis

ed l e u t da ed h, c4 1 S0 y2 b/ 1 d0 e/ r e 5 v0 o. co tN o r na /l du er c r i e vC l oa cr se e n i t e i g v i y t c b ad fe o i f sr i ) na 4 ol 1 i c0 t a 2 s. r a t 6 ( s 0 I8 uI . l l V1 I

y n a p m o c n g i e r o f a o t y t i l i b a c i l p p A

t c e j o r p r o e c i f f o h c n a r b a y l n o g n i v a h y nd ae pr e mv oo cc s ni ge i e c i r f of Fo

e c i f f o h c n a r B

e c i f f o t c e j o r P

d e r e v o c e r a A M E F r o f e c i f f o t c e j o r p r o e c i f f o h c n a r B

t i f o r p t e N

r e v o n r u t / h t r o w t e N

e e t t i m m o C R S C

y t i v i t c a R S C n o t r o p e R

d e r i u q e r s n o i t c A

s e i t l a n e P

201

21.11

201

21.9

e r a c h t l a e H

201

21.10

200

21.8

200

21.6

200

21.4

200

21.7

200

21.5

199 21.3

199 21.2

194 20.12-2

198 21.1

194 20.12-1

193 20.11

194 20.12

193 20.10

193 20.8-1

192 20.7

193 20.9

193 20.8

192 20.6

S T N E T N O C

I-27

APPLICABILITY TO A FOREIGN COMPANY

S T N E T N O C

E G A P

y n a p m o c e h t

n o i t c e s [ s n o i t c e r i d e v i g o t r e w o p s ’ t n e m n r e v o G l] a ) r 8 t ( n 5 e3 C1 n o i t c u d o r t n I

s e s n e p x e R S C f o g n i t n u o c c A

g n i d n e p s R S C n i l l a f t r o h S

g n i d n e p s s s e c x E

s t c e j o r p R S C e h t f o t u o g n i s i r a s u l p r u S

d n u o r g k c a B

s s o l d n a t i f o r p f o t n e m e t a t s n i e r u s o l c s i D

t n e m e t a t s w o l f h s a C

e r u s o l c s i d y t r a p d e t a l e R

y t i l i b a i l r o f n o i s i v o r P

t r o p e r s r o t c e r i d e h t n i s e r u s o l c s i D

y n a p m o c e h t f o e t i s b e w e h t n o s e r u s o l c s i D

t r o p e r t n e m s s e s s a t c a p m I

y a l t u o t c e j o r P

y n a p m o c n g i e r o f a r o f g n i t r o p e R

d e r i u q e r t o n s e r u s o l c s i D

n r u t e r x a t e m o c n i n i e r u s o l c s i D

e r u s o l c s i d n o n f o s e c n e u q e s n o C

210

24.11

t o n s i g n i d n e p s R S C

210

24.10

209

24.8

209

24.7-1

210

24.9

209

24.7-2

209

24.7

208

24.5

208 24.3

208

24.6

208 24.4

207 24.2

206 23.2-3

205 23.2-1

207 24.1

206 23.2-2

204 23.2

203 22.2

204 23.1

202 ultra vires

22.1

I-28

MISCELLANEOUS

ACCOUNTING

DISCLOSURE REQUIREMENTS

E G A P

d n u o r g k c a B

R S C n o t r o p e r l a u n n A

s e l u r e h t o t I I e r u x e n n A n i t r o p e r l a u n n a R S C r o f t a m r o F I I e r u x e n n A n i e r u s o l c s i D

y c i l o P R S C

) 2 m e t i ( e e t t i m m o C R S C f o n o i t i s o p m o C k n i l b e W

t r o p e r t n e m s s e s s a t c a p m I

r no i ff f d o e) r 5 ti u e m s q e et rr i ot ( f : ny eun l oa b ami f l a, i a r vda ane ay t) l n a 3 i u( c o7 n mea l au n i f ere f ho h t t er fc o o n f saf l u f i a so t r t e ue Dps n o i t c e s r e p s a y n a p m o c e h t f o t i f o r) p6 tm e ne t i e( g) a5 r ( e 5 v3 A1 ) 7 m e t i ( : r a e y l a i c n a n i f e h t r o f n o i t a g i l b o R S C

: s w o l l o f s a s l i a t e d r a l u b a T

I I e r u x e n n A n o e r u t a n g i S

s e i t l a n e P

d n u o r g k c a B

o w t o t n i d e i f i s s a l c e b d l u o c y n a p m o c a y b s t l u s e ai f r e o dg e et ha Tc

t n u o m a R S C d e r i u q e r e h t g n i d n e p s t o N

] ) ( ) 1 ( 2 e l u r d n a ) 6 ( 5 3 1 n o i t c e s [ t c e j o r p g n i o g n O

:n I I o i Vt c ee l s u dr ee hd cn Su e nc i n di a el i p f i m c eo pc ss da nd ue fd r aa g oe t r rr e e f h s nt? ae5 rh3 Tw1

s t c e j o r p r e h t O

s e c n e u q e s n o c l a n e P

219

26.6

218

26.4

219

26.5

218

26.4-1

218

26.3

217

26.2

216 25.5

217

26.1

216 25.6

213 25.4-8

212 25.4-6

213 25.4-7

212 25.4-3

212 25.4-5

212 25.4-4

212 25.4-2

212 25.4

211 25.2

212 25.4-1

211 25.3

211 25.1

S T N E T N O C

I-29

REPORTS AND CERTIFICATES

CONSEQUENCES OF DEFAULTS IN SPENDING ON CSR ACTIVITIES

S T N E T N O C

E G A P

n o i t a c i f i r a l c A C M

R S C t n e p s n u f i n e v e y t l a n ed pe n oe t p eo l t b o an i l s yi nt an pu o mc oc Ca t l u a f e d n o p u c i t a m o t u a t o n s i y t l a n e P

n a h t s s e l y v e l o t y t i r o h t u a y ol t t a n ne op i t e d re cb sr i i d c s e or Np

f o y v e l g n i d r a g e r s e l p i c n i r p t n a t r o p m i e m o s f o y r a y t ml a mn ue Sp t n e i c i f f u s t o n s i e t i s b e w r o t r o p e r d r a o b n i e r u s o l c s i D s t l u a f e d r e h t O

d n u o r g k c a B

t n e m s s e s s A ( 5 1 0 2 l i r p A t s 1 r e t f a r o) s nd or da ew r n r uo c6 n1 i 5 s1 e s 0 n2 er pa xe Ey

y n a p m o3 c1 0 a2 , yt bc sA t s i f e i o rn pa p tm e no fC o e h %t 2f oo t 5 p3 u1 n eo r i t uc t i e d s n ey pb xd e Er e Rv So Cc

) 1 ( 7 3 n o i t c e S

e m o c n I e h t f o 6 3 o t 0 3 s n o i t c e s r e d n1 u6 n9 o1 i , t t c c uA dx ea Dt

y n a p m o3 c1 a0 y2 , bt sc t A i f s o e ri pn ta e np fm o o %C 2e fh o t sf s o e c5 x3 e1 nn i o ei r t uc t e is d ny eb pd xe Er e Rv So Cc

Explanation 2

230

r R e S vs C oi t cf s to r o e r s n p vt i st of e co e on )r 1 p df ( ) o 7 t 1 3e ( % nn 72 of 3f n o i o t o c i % s t e2 s c s e ec f s oo t x o s t e s e n i c x e e r u n t i i d e r n u e t p i x :d :E 1 n2 e wR wp ex eS i i VE VC

n o i s u l c n o C

t no i n dy en i f ia c ep pm so tc c a ey j b b u3 s1 r0 o2 , t sc a eA r s a e i nn i a sp e m5 i t i o3 v C1 i t e c n ho at i t nfc ooe Is eI r y uVb e t i l d d u e ndr eee ph v xc o ESc

, ttt c o c eA nj 5 3 bs1 su e osen i drno a i t )op c s 1 ( a e m 7 s eo 3r y C na b n e oi d h i e t s t c r e f e ei t o s v i v o Ic ot i I t cVt a o en nl ou y dn ee r a uhp t c i Sm d n o enc pia :xdy e e 1 i fb ri we 3 c1 ve eo i p0 Vc s2

232

Explanation 2

27.5-1

232

27.5

229

27.4-2

232

27.4-3

Explanation 2

27.4-1

228 27.4

228 27.3-2

227 27.3

227 27.2

227 27.3-1

224 26.9

226 27.1

224 26.8

223 26.7

223 26.6-4

220 26.6-2

221 26.6-3

220 26.6-1

I-30

CSR - DEDUCTIBILITY OF CSR EXPENSES UNDER THE INCOME-TAX ACT, 1961

E G A P

t eo nl ou n dy ee r n uha t c i Sp d nnm ei o pdc xe a ei f y ib sc r e e 3 p1 vs ot 0 cc 2 e, nj t c ob i 5 uA3 t a s 1 s e nri ao n n l o s ai p a pc xe t Er me eaos hnCy Tieb s hd :e t 2 i e t fr i o wv e i v ec Io t I i Va Vc n o i s u l c n o C

r ne i h dt eo i f y i t c i et pn se tn c a ey j b b u3 s1 r0 o2 , t sc a eA r s a e i nn i a sp e m i t i o v C i t e c h at y nfn ooa Ip eI r Vm ue o t i lc d u nda een ph a xc h ESt

, tc tt o c neA j b su s e e osi n dra y )op s 1 n ( a ma 7 eo p 3r Cm na o n e oi hc i t st a c e fn i et s ioa v Ih ot i I t t cVr a e eh nl t ou do ee y r t uhi t ct i Sn d n e enn pia :xdy e e 1 i fb ri we 3 c1 ve eo i p0 Vc s2

, tt sc r c e eA vj obs cui e )sn 1 ray ( opn 7 3sma aop ne Cm or o i aec t h c enta s ifn soa oe Ih t I i t t Vr i v e eh i t l t c u a o d ey nh t i oct Sn e e rn uin tda :i y e 2 d i ni fb wec 3 pe 1 ex i p0 Ve s2 n o i s u l c n o C

enf hoo t ie s fto c o ep s I r I u Vyp b e e l d h u et dr r eeo hvf coe Scr u nyt i ni dad epn i me f i op c ecx p E saR3 1 syS0 e bC2 i t i 3s, v 1aA i t 0 C d c ee a2t h ,at nt ocef r o t eAt r so 5 ue 3 i n t 1 i n t d n nauo epbt i pm c 5 xo3 e EC1 s

e r u t i d n e p x E R S C f o s e p y t t n e r e f f i D

s n o i s i v o r p t n a v e l e R

) 2 ( G 0 8 n o i t c e s n i d e i f i c e p s s d n u f o t n o i t u b i r t n o C

h s o K t a r a h B h h c a w S e h t o t n o i t u b i r t n o C

d n u F a g n a G n a e l C e h t o t n o i t u b i r t n o C

f e i l e R l a n o i t a D NN sU ’ r e F t s S i n E i MR eA mC iM r PP er ho t ) oF t nR oN i t M u P b( i r d t n n ou CF

lf, s a e e i r l t b e i n r ert Cdd ne ea l ht u t n d n e e yeh m bmc o psw po e ul ehd tvtn e e,a s s d e s t e dcs i ai ni t umcr fodo n nl ei ro e hcum d e t , es o o e hs i cs yc nosa asel hc rt oo d t r ffa ntow onek r i e t a c m f u a l bne b i rwr r e t e vdh n oon t CGao

265

28.4

264

28.3-2

264

28.3

264

28.3-3

264

28.3-1

263

28.2

236 27.7

262

28.1

235 27.6-3

235 Explanation 2

27.6-2

234 Explanation 2 27.6-1

233 27.5-3

233 27.5-2

234 27.6

S T N E T N O C

I-31

CSR - DEDUCTIBILITY OF CSR EXPENDITURE UNDER SECTION 80G OF THE INCOME-TAX ACT, 1961

S T N E T N O C

E G A P

e r u t i d n e p x e R S C r e h t o f o y t i l i b i t c u d e D

e e s s e s s a e h t y b y l t c e r i d d e r r u c n i e r u t i d n e p x e R S C

r o s e i t e i c o s , t s u r t h g) us e oi rc hn te dg ea rg r n ut i cn ne i m ee rl up tm i d i ( ns ee pi xn ea p Rm So Cc e r u t i d n e p x e f o s e p y t o w t e b d l u o c e r e h T d e r r u c n i y e n o m f o m u s A

d n i k n i d e r r u c n i e r u t i d n e p x E APPENDICES

3 1 0 2 , t c A s e i n a p m o C e h t f o n o i t c e S t n a v e l e R 3 1 0 2 , t c A s e i n a p m o C e h t f o I I V e l u d e h c S

) y c i l o P y t i l i b i s n o p s e R l a i c o S e t a r o p r o C (4 s1 e i 0 n 2 a, ps e ml ou CR 3 1 0 2 , t c A s e i n a p m o C r e d n u s n o i t a c i f i t o N t n a v e l e R m o C e h t r e d n u s n o i t a c i f i r a l C / s r a 3 l u 1 c0 r 2 i , C t c tA n as vi e en l e a Rp

303 -

APPENDIX 5 :

279 APPENDIX 3 :

298 APPENDIX 4 :

276 APPENDIX 2 :

269 28.7-3

273 APPENDIX 1 :

266 28.7-2

265 28.6

265 28.7-1

265 28.7

265 28.5

I-32

SUBJECT-INDEX i

18 CHAPTER

IMPLEMENTATION THROUGH IMPLEMENTING AGENCIES INDEX 18.9 Implementation may involve acquisition of a capital asset

18.1 Background 18.2 Types of agency

implementing

18.10 Restrictions under the Act/ Rules are applicable to im18.3 Implementation through plementing agencies. company/trust/society established by the company 18.11 Monitoring by Board and certificate by Chief Financial 18.4 Implementation through Officer Company/Trust/Society

established by Government, 18.12 Time limit to incur CSR Expenditure for projects etc. undertaken through imple18.5 Entity established under an menting agencies Act of Parliament 18.6 Implementation through oth- 18.13 Disclosure er Company/Trust/Society 18.14 Penalties

18.15 Specimen agreements

18.7 CSR Registration 18.8 All projects can be implemented through implementing agencies

) 4 ( 7 e l u r , ) 5 ( 4 e l u r , ) 2 ( 4 e l u r , ) 1 ( 4 e l u r , ) 6 ( 5 3 1 , ) 5 ( 5 3 1 n o i t c e S

RELEVANT PROVISIONS

161

S E I C N E G A G N I T N E M E L P M I H G U O R H T N O I T A T N E M E L P M I

grh noc i u ”s t y n ecg n n me i d egr l aa p g mge inr i t s hn n geo umi oe s i rl v hp o t mr sip “ e e i sh t a i t v s on i t t c i a adl ep r Rr x e Se f r Ce e r t sr p t a i e h t tf c n as eni i h me rTs . ee .e l ) p h” i m(yc t ] n i i) te 1n n( g a4ea c gg e n l n i yut i t nrn a[en psme e m mi ee l ocp l cnm p e gi m Aa “i

s e p y t t n e r e f f i d r u o f e h t f o e r o m r o e n o y n a h g u: ow ro he l t eb bd ne an co ni t n oe i t a m t n s e ei t mi t en l p e mf Io y n a p m o c e h t y b d e h s i l b a t s e y t e i c o s / t s u r t / y n a p m o C ) (

. c t e , t n e m n r e v o G y b d e h s i l b a t s e y t e i c o S / t s u r T / y n a p m o C ) ( . c t e , t n e m a i l r a P f o t c A n a r e d n u d e h s i l b a t s e y t i t n E ) ( y t e i c o S / t s u r T / y n a p m o C r e h t o ) (

. s h p a r g a r a p g n i w o l l o f e h t n i d e n i a l p x e s i e v o b a e h t f o h c a E

h c i h w y t i t n e n a h g u o r h t s e i t i v i t c a R S C: s sn t i o i ti t n d en mo ec l p g n mi iw yo al l o mf ye nh at s pe mf i oi s ct a As a s i y t i t n e e h t ) (

r o ; y n a p m o c 8 n o i t c e s ) ( a

162 Para 18.3

18.1 BACKGROUND

18.2 TYPES OF IMPLEMENTING AGENCY

a b c d

18.3 IMPLEMENTATION THROUGH COMPANY/TRUST/SOCIETY ESTABLISHED BY THE COMPANY

r o ; t s u r t c i l b u p d e r e t s i g e r ) (

. y t e i c o s d e r e t s i g e r ) (

r e h t o y n a h t i w g n o l a r o y l g n i s r e h t i e y n a p m o c e h t y b d e h s i . l y b n aa t s p e sm i o tc i ) ( i ii iii

, t c A x a t e m o c n I e h t f o G 0 8 d n a A 2 1 s n o i t c e s r e d n u d e r e t s i g e. r 1 s6 i 9 t1 i ) (

s e l u R R S C r e d n u t n e m n r e v o G l a r t n e C h t i w d e r e t s i g e r s i t i ) (

] ) ( ) 2 ( 4 e l u r [

5) 2( ) n2 ( o5 i t 6 c e4 s n o ri e t dc ne us . ] df6 eo5 e s 9 u nt 1 er ci , t i vc l yyA nbs a[e i pdn ea mr oe p cvm oo ac ,o C d ese nlh oat s i f i t o n , 6 l e5 a m9 e p 1e y, l tr s c s g e An r i sd pe xi r en a g tae p o nmr t hoc gCA u e oeh h ht t t l fo f A o

f ro e ds ne up : yw lt o a l vee oe b rr ph d pte aen i ha dt l nl p aa lx e A s 2oi 1ts ei nl h obT a i t . c c y i l ep t e s i p c ra e o dss nad u n d ea nr t oe s i du t i a r s r t n t , s oy i c n g eea r p b f m d o o l tu c n oy , eh l mse eGm r 0a i u 8n q s ene o r i i t i et t c he n Ts e

18.3-1 Registration under section 12A and section 80G of the Income-tax Act, 1961

Y T E I C O S / T S U R T / . O C H G U O R H T N O I T A T N E M E L P M I

: s w o l l o f s a s d a e r ) ( ) 1 ( 4 e l u R ) ( ) (

,n tay n o ennt i m aa g p r nnmt i rd s e og i vrce oa r 8 g Ge n s lro e a r i n r i t otu c n e q t ei s e Caa r m hr t yi t l i o wfem t n a si e r e h s a i t t e pf i r t eo i n s u eq sh fe r c o rea n fe oser r e i i t to t I a i. f v r ) i t d t 1 s n. c i .a g G o eaN 0 r R t8 rS.s/ u r oC SrA f 2 1 tt1 g a a n ( Ri d n y Sk n o t i Cai a t t t c , mrny e reet s odfer n i o Fu c e eo d err sn ho ua Tf u t ) ( -

t a h t d e i f i r a l c s a h A C M e h T ) (

h t 5 2 . t d 1 2 0 2 / 4 1 . o N r a l u c r i C l a r e n. e] GA nC i 3M . e 5 . h Q t y ob t ed s e nu os ps si e , 1 R2 [0 2 t s u g u A

y A yc a t 2r i t n t 1s n e ni eg og a n e i t r ag c ti ea n eh s t thn o, t t 1se s2r m r ae 0e e 2 l f pp e l i pm r r ai ept l AIn u .a rtt escs h1Aa Tmds i e oa i rs f i f l ea th c u etq f f f o o e s Bl hA a t i 2 B w1 . snA1 ) 2 a o1 ( ei 4 t r n c e e o e l hs i u t wr c r ,eef 1 s d o 6 s 9nre 1ues d d ,e no t p c tur n Aa du e Tr p r Ige e est h i s hn t i t g r oe fi o o trf

n1 2 o0 i t 2 c / e6 s r1 oo . BN Ar 2a 1l u nc or i i t C c eT s rD e B dC n( u2 n2 o0 i 2 t a h r t c s r i a g eM r t rs o1 f n3 o ot i t a d c ) e . i d1 l p n 2 pe 0 at 2 rxt oes f nu eeg neu i bA l e sh ma t ih9 t 2 eG. h0t T8 d

l 1oa 6tv 9eo 1v r i ,t p t a c p Ana r h Te c It elu s ha, n Ta ) 1 ( s4 a e sl e u s r a r co f n, i r a e t r v e ce w no i . )Ht .n B e i Ac (2 i 0 f f 11u / nA s o2 t i 1o t c n ens o s i i t rc ) e de s nr ( ue 0 ld1 a vnn ouo rnt i po c pi e ats a r st r e wi s d og l n eu l a r

: l1 o 6 f 9 e1 ht , Tc A T I e h t f o G 0 8 n o i t c e s r e d n u d e v o r p p a e b t o n n a c s e i t i t n e g n i w o l

m o c s u o i g i l e r s r a l u c i t r a p y n a f o t i f e n e b e h t r o f d e s ; s e e t r s pa xc er yo t i y t t n i en nu Am ) (

t n u o m a n a r o f e r u t a n s u o i g i l e r a f o e. r e um t i o d c nn ei pl xa et o st r us t ci nf i ho c% i 5 h wg n yi t d i t e n e ec nx ae ) (

23C 18.3-1c Entities which cannot be approved under section 80G -

18.3-1a Registration under section 12AB -

)

a a The Board shall ensure that the CSR activities are undertaken by the company itself or through a a company established under section 8 of the Act, or a registered public trust or a registered society, registered under sections 12A and 80G of the Income-tax Act, 1961 43 of 1961 , established by the company, either singly or along with any other company. (

. edy h t e e Tri e .s c t ” o y is t g e ed i r e c r o“e snt oi s di sg es r e er e r t s pa i y xl g een r eo “ y dhf ntl i ata a hu ”t t q c so At t s ee d hg i t a gs “ u rs e e b t s f t a a o n amn mma oc mc ” o A o cw 2 at 1 sfn i oo et i t r nc e e hes t r ,me e s cd ua hl n Tp u

all three types of entities - a company established under section 8 of the Act, or a registered public trust, or a registered society are required to have income-tax registration u/s 12A as well as 80G of the Income-tax Act, 1961 to act as implementing agency … c

Para 18.3 163

18.3-1b Approval under section 10(23C) is not sufficient 23C

. ) 1 ( 4 e l u r y b d e r e v o c t o n e r a s e i t i t n e h c u S

S E I C N E G A G N I T N E M E L P M I H G U O R H T N O I T A T N E M E L P M I

. s ce ei s t i rv e i dt nc ua dR eS r C e n t s o i g y er r r ea bc tt o o nd ne t at ci hm cr i e h p wt to s n us ri t 1 e6 t 9 a v1 i , r t pc AA T I e h t f o G 0 8 / A 2 1 n o i t fltd io a o l c r nu o e o sgt d n i c l l i dn u e ao ea l r en u w e t mO r s t e i ?ih g e , t e tt h n n r t : ee e i i sc ai c ici i f rtf f w oa f t u thsu” s s d uW1se 6 a r” .9 r t w e t c…1 s 1 i , i l t 6g Gc b e u0A9r p8 1“ , T t d ddIc r eneA r ah o e T t t Ar Iw s e i 2 e eh g h e1dt t n s r e rt anue o a “ nd i t t o sc ns i e uo et t a s a nt r t rt oy s s e i r i t edg a a l r s ne r u e s r t rus e h s i t ci g ddI ee?eee dr”rnd nedfnt e t i e s ea ei r ,e g e mg t t e nbs ar s i i e e d e,g v v aa y e ht a eh r Te h r “ y b d e h s i l b a t s e y t e i c o s c i l b u p d e r e t s i g e r a r o t s u r t cr i l o b ; uy pn a dp em r e o t c s i g e eh r t ) ( n o i t c e s d n a A 2 1 n o i t c e s r e d n u d e r e t s i g e r , y t e i c o s a r o t s u r t c i l b . uG p0 a8 ) ( t a h t d e i f i r a l c s a h A C M e h t , r e v e w o H

ld a e r r e r ne ef n Gi ne i 4b . d 5 l . u Q o d oc e t r te ei s t ,s s ni i oh g pte s r m e s oi Rr t [F i f .i ] 1 d 2e 0r e 2t ti s s g ue gr us Aa hd t e 5 d 2r .a t d g 1e 2r 0e 2b /l l 4i 1w . o t s Nu rt r a l a u t ca r i h C t r e d n u t s u r t a f o n o i t a r t s i g e r e r e h w e t d u n t a a t ; y S r eo t t a a t d S n ta n am vs ei l e e r t u et ha t t rs e h dc nu us ) ( a r t s i g e r h c u s e r e h w s e t a t S e s o h t n i , 1 6 9 1 , t c A. y xr ao t t e a md on ca nm I t eo hn t s ri e dn ni o ut ) (

t n e m u c o d t s . u8 r0 t 9 e1 h, t t tc a A hn t o yi r t a a s r s t s e ci eg ne tR o n ni a sd i n tI i , e s nh ot i r t e a d un t i u s dd i e a r s e e t r s i og f e a r ne i , b r e d l hu t r o uh Fs

ya t e e i d c u ol sc n ai t oi t s de eo t d c i r r o t s 0 e r 6 8 s1 i , ”t y c t A e i c n oo st i “ a r mt ri s e g t ee hR t s e ri e t e hi t c e ho wS. ey oht t te i se rc a o rds n a e euv l i c dt a er tr o e e nt p s o i sg i o ec tr I

s ya et bi e, y yc non asa pep hm mt o of c co e e h hyt d t oy fb o b sgd r n e e i h dn l s ri o e l hv b eo a r t gs a hfe soo / ss s r r y e ob n t a c m eep r m i mo d trc s e noh t i s t a u gr n at i s ner ohe i t t b i nm b i i . see h oe b remy t / ps a s our m o nrt e stc g i s nea ei r i c r md e e horh Tc ot

k c a r t . ds et hc sj e i l o b r ap t / s s e ee vm am ha tr o g no dr ep er a nl i ym ni as pg mn i ok ca er t he t d yn bu dn ei hs sr i l a b e ay t s e e e r oh st yf t o i t n d er o ec he Tr

18.3-5 Track record not required

18.3-1d Private trust -

164 Para 18.3

18.3-2 “Registered” Trust - meaning

“‘Registered Trust’ … would include trusts registered under Income-tax Act ,1961, in respect of those States where registration of public trusts is not mandatory”

18.3-3 Society

18.3-4 Directors/shareholders can become trustees, etc.

Y T E I C O S / T S U R T / . O C H G U O R H T N O I T A T N E M E L P M I

165

Para 18.3

r he t i h wt go nn oi l d a e rn oi a yl l p g x ne i s rn e e he t b i e s ya nh a’ pd me h os cl i eb ha t t s ye b‘ ”d d er ho sw i l e b h aT t s . e y : “ s enw bao p tm l s l o uo f mc s ye ra t s i hx t t t n e ) eot eyn hn o ( Tac

18.3-6 Established - meaning

(

a The meaning of the word ‘establish’ as given in the New Collins Concise Dictionary, 1983 Edition, is: 1. to make secure or permanent in a certain place, condition, job etc. 2. to create or set up an organisation etc. as on a permanent basis. According to Webster’s Comprehensive Dictionary International Edition , the word ‘establish’ means: 1. to settle or fix firmly; make stable or permanent. 2. to set up; found, as an institution or business. 3. to set up install oneself or someone else in business, a position, etc. )

)

(

)

(

Mihan Singh

) 3 9 9 1 (

Shiromani Gurdwara Prabandhak Committee

. v

] 2 5 0 5 6 C C S [3

Thus in our view, on precept and otherwise, the law is firmly ingrained and placed on a firm footing that before a Gurdwara or an institution could be declared a Sikh Gurdwara, it must be established that it was founded at its inception by the Sikhs for public worship. ) (

. e . i

b In Shorter Oxford English Dictionary, Third Edition, the word “establish” has at number of meanings, to ratify, confirm, settle, to found, to create. Here again founding is not the only meaning of the word “establish” and it includes creation also. In Webster’s Third New International Dictionary, the word “establish” has been given a number of meanings, namely, to found or base squarely, to make firm or stable, to bring into existence, create, make, start, originate.

. ry e n da np um yo nc ad pa i ms oe ch t ey hb t yd be d ] dn 3 e 5 hu o 2 s f 6 l i 6 b r o C ad t S s e t 8 ea 6 se 9 ar 1 dc ei s R d I r t A a i f gi es r e i si t . i v v yt i t i c t a n eR eS hC t g ,n s i uk ha [ Tt

S. Azeez Basha

UOI

)e rs yn Rto I h nobS rt .f u i r at (ey sCe pa brbb ioei mc h emd b r oowt ee i c r cstgs m t s c h nb s aa s i fs i l yfakubob e s u a l bot t a sra r t ses dma eu eeabe h sdbnmt d n o sde ouo t i u lne s a n n b r r nyde e s ao n ya r t pmi i mn s ruy pu e n a e e m q a smpme h i . a p t o n y em roi c t dh o i eenmmv et b c o a h i do gct et ohn rt c t sc a ml i8a a r ge voaudnR eb r s i o rl df r a i S irf ogt u t erpr c C c A oeee bs e .awcrsh lb p t l i uya nnet e n n h ws e , s a g o t e semt n ysps i ni arreak y m p e c r h an peu a i oa pa t r tr mpchreqne e a om8chmee d conuttrm n s o o e a i 8ct nnh htu t oy necIat . h e , s sgnn ot y s r r i nda t f t a i eei i c v b etlp eyhr i i peum t l t s n peoo c fc Aoo saamwc

5 2 9 1 , t c A a r a w d r u G h k i S e h t f o e s o p r u p e h t r o F . 2 5 o t s e i t i r o n i m o t t h g i r g n i n r e c n o c a i d n I f o n on i o t i u t t u i t ti s t ns n oi Cl a en ho t i ft o a c )u 1 ( d 0 3e r ee l t c s i i t n r i Am fd o ea s d on pa r” uh ps i el hb t a t rs oe F“ . 3 5

S E I C N E G A G N I T N E M E L P M I H G U O R H T N O I T A T N E M E L P M I

166 Para 18.3

s. i h r o Tl t .t t s e us re t h et hy t fb o y l rn oo l t t d e e s h ai s l eb ba t ds l e u oe hb so yt nd ai pa ms oe cb n ea hc t ,s t t s u ur rt t aa e fs o u ea s c a e cb ns I i

n a r o m e m e h t o t r e b i r c s b u s a e b d l u o h s y n a p m . on co et i ha t i ,c y o t s e s i c a of so a rm ou Fd -

ty c eb j d o re ph s i Rl . y Sbr Caa t i esd hes i t yb , t e i u ct nns eer hno day nhn aga yup nom aro phc mtg d n oe i ct d enl heo t mh s yet bl i dpg n emi hid seu i bl l b c t ao n t i n, s ny e ean bca typ s nm ua o mpc ymr t oe i t ch n t eeo h et y hf n To a

18.3-7 An entity established by subsidiary of the company is not covered

R dd e. b l h e i Smeu t r r o b Cc r o c r e s h e y gge f sbd a nn u s n r i m i e su k t y i aat e e s n y r t i abt r ot a e n e p b d c i e da c mlo e u l nl noo h st uo ac rch h/s y g s oeg nsna f hui , a e t t stoa i ps f e n rr i u i amr , ho n e t pot b as amce pael e h o mcml ht oamoct c f h e cc fo aeh o r ru r h t g e t o nl l hsol ll ot t r n t i paat I o e , a t . s s ] i Ra h) dc r t h 4 S r i oo ( t o C s w4 0 yws eer 6 el harA8 t u f t s e a 1 rt s r ho, e o[n t t bsecomc aemenuA m n l d I l n e s o n . l i o t cmp a i i t a t r i yrm, do a g ie ao r t sems h o mr ui t seg i yphal M nrslb e c aoisaeR t w s h i pt s y t h e s t mce t oi e et oei j n c v n o i cr so ar ao Ap S he pt

18.3-8 Implementing entity for collaborating companies

18.3-9 Interested party

dx een i hho eat n t t t t i t s efoa e e r eote r m e h)yn ot t tu n c ( i f t ) i no 1 n m nIy ( ee 3 aet 1er hr et e ht e mf pnta o yu oooi t c rc b q e)pe d e b( )r[ s ed 3 o r d( a l y e 3 sn u dh d o1n ant i n e wo upr w f m i yt s si e o nc e s aehcc a pstei b mrthvh r a e t e hf od t s t cn g eusoen h ithe i t s l y f i Ti t . e rs] h ’ t e n ) t n m( h e f eo t b r ) r a 2 geeu ( nc hFn3 i t tn .a1 ] n er1 n eu o no mqf6ot i 9 ec eed1 s l e p ne,bs s t t [ moucs iceAut y eAb i xmt h.t ayn t 1ot e f6 n e n o 9n ae mp h y1a t t ,comr t r c c a oo nc yI pAt f 18.3-9a Company would become interested party under section 13(3) of the Income-tax Act, 1961 a c

g td gRy i t n c na nS eh e i n g t oiC t g s e mrr n r g lapa eai sa mgfhshag l c s u nf ei d tece n l y r o e i p t nnpcdn mbi x n r s s ii eeae ya gm rh g t hoa i ot ee f ,t n rp n l y g t sn ywei em i t ni een ibi et av her nte pe t e eoh e mn hm nt yh t oo bt teyt co ntalaa p et a h h e m t hg m ht kt . t i n s a n n p t dieu ao mir i e i h w ode a t r k ma ro etr dsi f r nate cnev pc ub romon uAt tes nu .c e o k hl sm he y t A rn n c e a or nouu maea Rsde e p h c ,st ymt het i h a s h iTt nort e u t e . , ac n s r h q , tedt oogr e n c e i hu d tiea et gt v h a j c e tf tb r Aew o e n g noeoe h r n e o t t ycmeuh l H a t aeebmtA h . j a r r e c mo e i t e .r ru i r t dpu r yp o qa enut t i e ht -in Rr t caukdd n l eSy unrnu a s C e o po e rtqt mx e i i o e hh di t fa h Tt u baEs o

y tr n e ev mo c ee l p r me id eu l hc t n ti a ho t s l sa i wl d eu i v o rw e f h a c s i eh hw t , dp nu ak tr b ua om da me g or ra f eh ec r f d tl u o o nh . ss s i d rya e ce t nh t a r ee mgv a eg o hn f Ti o

T S U R T / . O C H G U O R H T N O I T A T N E M E L P M I

e b d l u o c d e. ht sc i A l b e ah t t s e f o o) s6 y7 t ( i 2 t n n eo i et hc Te s r e d n u y n a p m o c e h t f o y t r a p d e t a l e r a

r o F . ] ) 2 ( 4 e l u r [ t n e m n r e v o G l a r t n e C e h t h t i w d e. r e t s i g e r ee be ts s e us ma e yl t p i t , n s l ei a et he Td h c i h w y t i t n e n a h g u o r h t s e i t i v i t c a R S C: s sn t i o i ti t n d en mo ec l p g n mi iw yo al l o mf ye nh at s pe mf i oi s ct a As a s i y t i t n e e h t ) (

r o ; y n a p m o c 8 n o i t c e s ) ( a

Para 18.4 167

18.3-9b Related party under the Act -

18.3-10 CSR Registration para 18.7

18.4 IMPLEMENTATION THROUGH COMPANY/TRUST/SOCIETY ESTABLISHED BY GOVERNMENT, ETC.

r o ; y t e i c o s d e r e t s i g e r a ) ( i

. t s u r t d e r e t s i g e r a ) ( ii

e h t y b d e h s i l b a t s e s i y t i t n e e h t ) ( iii

r o ; t n . t e n m e n m r n e v e r o v G o l G a r e t t n a e t C S ] ) ) ) ( ( ) ( 1 ( 4 e l u r [ b

n i s r a e y e e r h t f o d r o c e r k c a. r s t t c de ej o hr sp i l b r ao t s e e m nm aa er vg ao r hp tr o a ni l dm ei es ng n yi t k i t a n t r ee ed hn Tu

18.4-1 Track record not required

to frRR gn nn eSS I e d i evmAnCC a hh g n2unn t r1 ii f,e ndak e r t o v o r e b a i e or t Gvot t c s 0eGe oe i 8wes t g d esn dohrr t e du nHy deee ay .b nber n t Ai o dud f 2t l y t e 1nedui b seheot) s r n h nni e lt se2 oab ( t s i e a 4 t i n h h t c g et cs e eu l ee , s u s rmrr y e u ro r t e e chr e t dti h o e r t nec du d i uloe n y F b s t da ee .u 8 ecrbi A o i 0 c r l e tdo9C p l s t s 1 M pu u s / , i ar ot t g m etthsco u o A r asr r tt n enti f sa e bi o ,h r i ” h e t o1t d b t etam 6 r t r r t9 t c os n 1ae1i u t f e, s 6gN i mt eg 9e eche1Rn A t o r r , i i . o“tnt x u c s a a t e a i e qt r i bAd ed t t i r e r tTnsv i i emasIIg t u g e e e hoe c ht hR Tc a rmt

18.4-2 Registration under the Income-tax Act, 1961 is not required

ed) ! gh n 1 et a( r 4 y 1e ef 6l s bi 9u t ta 1r o st ,y nt docb enAd edTe r ne Ie ev teh n n o e tc t fs mi o , i ng )t rn 5 n e i 1e vd ( oa2 m enn Gr r oe li ea hr t v t c o ee yt G s i bl ne dai h en”t hoey s s, i ob l 1 p b d 6r e a9 t t 1ua s p e , e t e r ycl c t A b ” e at i Ti t s c u oIr sear / hht t t c e s t r“a ue f rd v o t i r ennp o“ hui t dta eein n cri e e f nt e v i sd S e i

S E I C N E G A G N I T N E M E L P M I H G U O R H T N O I T A T N E M E L P M I

Para 18.5

168

para 18.3-2

para 18.3-3

e e s e s a e l P

18.4-4 Society

e e s e s a e l P

18.4-3 Registered Trust

para 18.3-6

. y t i t n e e h t g n i h s i l b a t s e f o r e n n a m g n i d r a g e r

e e s e s a e l P

18.4-5 “Established”- meaning

para 18.7

e e s e s a e l P

18.4-6 CSR Registration

d e h s i l b a t s e y t i t n e n a h g. ue or ru ht t a l ss e i i g t i e v L i t e c t aa Rt SS Ca r so t i t tn n ee mm a ei l l p r ma iP yf ao t mc yA n an pa r me od cn Au

18.5 ENTITY ESTABLISHED UNDER AN ACT OF PARLIAMENT

. y t e i c o s a r o t s u r t a r o y n a p m o c a e b t o n d e e n y t i t n e e h T

18.5-1 Entity need not be company/trust/society

n i s r a e y e e r h t f o d r o c e r k c a r t . s dt ec e hj so i l r b p a/ t s s e e ym nm aa r eg vo ar hp tr o a ni l dm ei es ng n yi t k i t a t n r ee ed hn Tu

18.5-2 Track record not required

: s w o l l o f s a s t x e t n o c r e h t o n i d e n i a l p x e y l l a i c i d u j s i ” t c A n a r e d n u “ m r e t ) e h ( T

18.5-3 Established “under an Act”

. v

[

a The words under the Act “would, in that context, signify what is not directly to be found in the statute itself but is conferred or imposed by virtue of powers enabling this to be done; in other words, by laws made by a subordinate law-making authority which is empowered to do so by the parent Act. Dr. Indramani Pyarelal Gupta W. R. Nathu ] 4 5 4 7 2 C S 3 6 9 1 R I A

) (

] 5 5 4 7 2 l a C 7 5 9 1 R I A

. v

[

b the expression “under the Act” can only mean “authorized by the Act” Rabindra Nath Mahapatra Gour Mondal

tr a o hy t b gt ni i d o i t v d oe rn pg 2s 5i 9s 1a e ,b t c y Aa )m n o s ia t a s l u e gi t eu Rd (h sc t c u as r e t g n r oa Ch c ds ri a wd ry oa Fm en ho t i s fs o i 3m nm oo i t C c s et s e fk o r. eat ” s oMc pdA rr s ua i h pwt err hoe t Fd ren oh u Ft “ . 4 5 . 0 5 9 1 , t c A s r a d a g r a B l a g n e B t s e W e h t f o e s o p r u p e h t r o F . 5 5

. O C R E H T O H G U O R H T N O I T A T N E M E L P M I

) (

] 6 5 4 7 1 l l A 2 6 9 1 R I A esr e d he o t f fee n o b t i ) G, 2 0r( e 4 8v e del nwu aor r AHe . 2t y d 1i n tu sn ne A on i t aC c ehM s c um rs o e dor ntf er ul e b b da ec m r iu l e p t N s p i a g ns . eo to r e ii t t enai v bs iri t s t o1i c 6 g t a 9e t1 R n ,RS et c RC mA Sg ex Cn r i a k i u n t q-ia e a t em t r r b e eood c hn n ou TI t .

18.5-5 CSR Registration

e e s e s a e l P

r e h t o y n a h g u o r h t s e i t i v i t c a R S C s t i t n e m e l p m i y a m y n a p m o c A

; y n a p m o c 8 n o i t c e s ) (

; t s u r t d e r e t s i g e r ) (

. y t e i c o s d e r e t s i g e r ) (

e h t y e be ds ee hs sa i e ll b p a( t s t e n ne em en br e ev v ao hG e th o nt y db e er no y) t i t n e n . ] a ) h ( e ) ce 1 us ( se4 ,s e s a l de u rl r op [ w() y rn e a hp t m o o nC I

t s u m y t i t n e e h t , r e v e w o H

; 1 6 9 1 , t c A T I e h t f o G 0 8 d n a B A 2 1 s n o i t c e s r e d n u d e r e t s i g e r e b ) (

g n i k a t r e d n u n i s r a e y e e r h t t s a e l t a f o ; ds rt oc ce j eo r kr cp ar r o t de em h sm i a l b r g ao t s r e p nr aa l ei vm ai hs ) (

. s e l u r R S C r e d n u t n e m n r e v o G l a r t n e C h t i w d e r e t s i g e r e b ) (

18.6-1 Registration under the IT Act, 1961

e e s e s a e l P

para 18.3-1

para

para 18.3 d

18.4/18.5

. v

… A statute generally requires or permits positive acts to be done and, therefore, usually it would be a positive act that amounts to an act done under the Act. A negative act or omission cannot amount to an act done under an Act unless it expressly enjoins or permits the non-doing or Omission. [

para 18.7

Karamjeet Singh

Lucknow Nagar Mahapalika

Para 18.6 169

c an act done under the Act is an act expressly or specifically required or permitted to be done by the Act; no act, which is not referred to in the Act, can be said to be an act done under it.

18.5-4 Registered

18.6 IMPLEMENTATION THROUGH OTHER COMPANY/TRUST/ SOCIETY a

. 9 1 9 1 , t c A t n e m e v o r p m I n w o T . P . U f o 6 6 d n a 5 6 , ) 7 ( 2 , ) 1 ( 7 9 s n o i t c e S f o e s o p r u p e h t r o F . 6 5

S E I C N E G A G N I T N E M E L P M I H G U O R H T N O I T A T N E M E L P M I

g n i d l o h r o y r a i d i s b u s gy . nt i i d v i ut l c c na i R , n oS sC r g e n pi yk a nt ar ye bd dn eu hy sn i l a b ap t m s o e ec be yh at f mo yy t i n t a n ep em ho Tc . s r a e y e e r h t t s a e l t a f o ’ d r o c e r k c a r t d e h s i l b a t s e ‘ n a e v a h t s u m y t i t n e e h T

. ” d e s i n g o c e r r o n e v o r p , d e t p e c c a “ n a e m d l u o c ” d e h s i l b a t s e “ , t x e t n o c e h t n I : s w o l l o f s a s e i r a n o i t c i d n i d e n i f e d n e e b s a h ’ d r o c e r k c a r t ‘ m r e t e h T g r o . e g d i r b m a c . y r a n o i t c i d / / : s p t t h ) (

m o c . r e t s b e w m a i r r e m . w w w / / : s p t t h ) (

k c a r t d e h s i l b a t s e “ e v a h os t a dh i a t i s f ei bs e i dt l i u v i ot cc ya t r i a t l n i em i ns ag ,n e i vk oa br t ae ed hn t u fn o i ” wd er i o v c e nr I

d n a ; t s a p e h t n i s e i t i v i t c a r a l i m i s n e k a t r e d n u y l l u f s s e c c u s ) (

. n e v o r p r o d e t p e c c a s i t n e m e v e i h c a n a h c u s ) (

t s, rc i a h eA t s rye ors Fa u .da ’ nl s r eC a l l eaa ycr ‘ e a et n eo e r hnG t e d tn h s t a af es l o y ta ) a 6 fd( 6 o 5 e63 b3n o fi do t l c u de oo s hi sr n i de’ rpr oaa cne ea y ‘ r kef cmo a n d r o l t i u t eo i n hh i Ts f e ’d r a e eh yt ‘ s ei s oh. pc7 ri9 uh8 pw1

18.6-5a Year -

. para 18.3-3 e e s e s a e l P

18.6-3 Society

18.6-2 Registered trust e e s e s a e l P

para 18.3-2

170 Para 18.6

18.6-4 Established by subsidiary or holding company

18.6-5 Track record

noun

all the achievements or failures that someone or something has had in the past: u

all of the successes and failures of a person or organization considered together: u

all the past achievements or failures of a person or organization, considered together:

noun

a record of past performance often taken as an indicator of likely future performance

the things that someone or something has done or achieved in the past regarded especially as a way to judge what that person or thing is likely to do in the future

. O C R E H T O H G U O R H T N O I T A T N E M E L P M I

171

Para 18.6

n i e b d l u o h s d r o c e r k c a r t e h T

. s e i t i v i t c a ’ r a l i m i s ‘ g n i k a t r e d n u

18.6-5b Undertaking “similar” activities -

: s w o l l o f s a s t x e t n o c r e h t o n i d e n i a l p x e y l l a i c i d u j n e e b s a h ’ r a l i m i s ‘ d r o w ) e h ( T CIT

R T I 5 9 1 / 9 2 4 n a m x a T 0 6 ) 2 9 9 1 (

Continental Construction Ltd.

. v

] 7 5 ) C S ( 1 [8

a The word ‘similar’ connotes that the payment made to the assessee need not be in the nature of royalty, commission or fees only; it could be any payment of like nature…

) (

CCE

] 8 5 ) C S ( 8 5 C T S 9 6 ) 8 8 9 1 (

Nat Steel Equipment Pvt. Ltd.

. v

[ ) (

b The expression “similar” is a significant expression. It does not mean identical but it means corresponding to or resembling to in many respects; somewhat like; or having a general likeness. The statute does not contemplate that goods classed under the words of ‘similar description’ shall be in all respects the same. c ... Oxford English Dictionary, Volume IX, of the definition, reads as under:--

“Having a marked resemblance or likeness of a like nature or kind.” In Words and Phrases, Volume 39, this word has been defined as under:-. v

“‘Similar’ means nearly corresponding; resembling in many respects; somewhat like; having a general likeness. Royer Brown, N.H. 93 A. 2d 667, 668. The word ‘similar’ in its primary sense means nearly corresponding, resembling in many respects, somewhat like, having a general likeness. Rubenstein v. Firemen’s Fund Ins. Co. N.E. 2d 289, 291, 339 III App. 404.

s sa en hl cu i oh ] h d i t 9 t i 5 weu 0 h t t 5 e sc a i t h S s i H t t n i n i & v d i i id ra P t e 3 cehs 7 aite f i o b 9 gc 1 ne t oo i ptn R k s I asn n t s A r a e oc ei i t dt i t a i nv n i . , ut s oI I c e d na i Vt i i n e v dRe l i r v u t oSi c da cCg e e e y h r r hl a l kteci cerSm akeni i i m r l s t d g etsen vaai h f h i aw i k c he ye a t t dmi pr ts l n e . uoe sd s o v e h ei n r t so hv i u y,ti f g f t t o i i n c t ,a i d n r l r ebeno hi emt c de her [ ts uer g ,eF k s ur.ac g I e a hr I nr Ve Ta t Sham Dass

The Financial Commissioner

ot h vt i i t dw c r aa e tg d s ea a prm sge ’ n y b i t v t i as t n Hu e. m e’ hrn a t l o i s dm i l r i u sa o‘ p hem sr sao c e y i t e e i . h h I v t I i t t V t r c a aeh e h u l t ht sd ce i r ha e h h wwec p ep S hd t a i i n ti wci e d , edt e t i a oxi f e t t t s c n d e te op o c r s na d s sp e ni e t omai doc tv i ece t l ejc u rbba o R se ee S hi hC tt Ti -

1 6 9 1 , t c A x a t e m o c n I e h t f o ) ( ) 1 ( 9 n o i t c e s f o e s o p r u p e h t r o F . 7 5 e h t r e d n u t s i L n o i t a c fi i s s a l C e h t n i C 3 3 . o N m e t i f f i r a t o t 4 I4 n9 o1 i , tt a c nA at l l p xa ES d fn o a es s oe ps i rc ux pE l ea hr t t rn oe FC . 8 5

3 5 9 1 , t c A s e r u n e T d n a L f o y t i r u c e S b a j n u P e h t f o 8 1 n o i t c e s f o e s o p r u p e h t r o F . 9 5

S E I C N E G A G N I T N E M E L P M I H G U O R H T N O I T A T N E M E L P M I

) 3 ( 3 1 n o i t c e s r e d n u y t i t n e e h t f. o y t r a p d e t s e r e e e t s n o i s nl aA e1 . b6 d9 l 1 u o, t cc yA nT aI pe mh ot cf eo h) T( m e m / s r o t c e r i d / s e e t s u r t e b d l u . od ce ym nr ao pf mo os cy et i t hn t fe o g sn r i e t dn l e o hm el e r p a hm si / e s h r ot t f c o er r i e Db para 18.3-9

18.6-7 CSR Registration

e e s e s a e l P

para 18.7

172 Para 18.7

18.6-6 Company could be an interested party

l ta Rn r Se e Cmn yne nr G ae evn i ko6 . ] aG. A t 5C l. r a e drQM t oe nn t uee h t oCs t seny dhob d ntpe s ehe t u t r i n s ; w i ) s i 2 hf( , cl 41 i e 2 h s e0 t l wi 2 u ,r[ rt ) e s 1 t ( 1u s 4 2g i g 0u ee l 2A u r lh ry i r rl t ip5 e r A do 2 nt t. t s ua d1d dn 1 e2 ea h0 r t e 2 vmm/ ooo 4 ct 1 r. ,s f y o atN t i c h t e n r , f ey a f te l yi u r v hc i e t t r vc i i wC Ea

18.7 CSR REGISTRATION

r ya nl au pc r mi oC ca l er he t n fe i eG n l i b 8. a. ] c5 A i l .C p pQ aoM t e te h o s t nn y yob p l s sd ue e oru i es v e s bs i o[ , 1 y2 st l i 0 c2 te n rt ei s mdu sg ee r iu i t A i u v qi h t ec t r 5 2 na. oRt i Sd t a C1 r t2 t u s 0 i o2 g / es4 e r i 1 r er . o ha N Tc e er ea s 1 es R a eS l C P .m 1 r Ro SF Cp u ml l ri of Fo t nd i e r ei du aq mr e el s bi a t oe t d se i nh oT i . t m a cr i o l p F pe. ah nt r oo i t f a r t s i g n e i r n e e v h i T g Appendix 3 Exhibit ‘1’

: s w o l l o f s a d e i f i r a l c s a h A C M e h T

18.7-1 Purpose of registration

] 1 2 0 2 t s u g u A h t 5 2 . t d 1 2 0 2 / 4 1 . o N r a l u c r i C l a r e n e G n i 5 . 5 Q o t e s n o p s e r e e S [

The identification of suitable implementing agencies is a major concern for companies. Registration of implementing agencies on MCA 21 portal is aimed at creating a database of such agencies for companies who may want to engage them. Further, this will bring accountability and transparency in the implementation of CSR activities and thereby strengthen the CSR eco-system.

sdefn l e o i. ei mcf ] 7A d. n r o 5C me a. t amd oQM r g meBoe r oo eth i r e h u t c p s qtn rc y te y b o serbod p j t tds o c e o e r ep e u nv r j s o soei s ai r p r re1 , p s y [ Roc p. 2 at Sfn 0 C,e c2 e n e r ga oo j t ae t o s f ee u gmrg l r b nlpu aei g chtan A i Tnvi l e o h o p .m rg t p1 p 5 n a2ep 2 l t0p aot . o 2 s ,e ni d lme sr i d s 1 i peou2 t l n p 0 eAhrc2 t t n u ms / , i p 1 4 e12 s 1 r st e . i i c h0h o u e qt2tj N , o eoi l rr r r t o r a nrp Fpl oA. oi u dc i t r 1nr a pt-ai s R r t d1 sC s l eoSra i C o g v t t r eo c e m r rrr en o ep r i e hp oi r Tap FDG

18.7-2 Projects approved prior to 1st April 2021 need not be registered

N O I T I S I U Q C A E V L O V N I Y A M N O I T A T N E M E L P M I

e n”egh eBhnt i l g“Ti , t at.f c ” c ye eD gj “bo j no ”r i ryB t pc n e n“p R etg. c mS ge n1 eC i aj l o o p gr gR mwi np nS iet roC nnno m aaefnr a f hsml o e s f gees i uslt e l oopihf i p m r c ro ieio hr h t t rs t w i ”peg d Athe , e ” “Itr r i t.o Au 1 “ o n c t 2a t eq j c e 0 hee o r r2gvj a t o p0uh o 2 r ol lp n Rrr hi i Sa s r w Cet” o” f y2D C sl 2 ,“ e ca-“ry ni1yec c v 2 c en0 e n nw a2e mn e g g r mi aoa a H ofe g g g cn y . n n 1 i i l yi t t a nri Rn n auc e pd eSm n C m m”ae e n C l l mp o“ i p f cy rm mo ni Ac fi i dn ei o r t i a u r qt ei s r g ee br dr l o u f o1 wBR AS 2C 1m nr oo i t F c en s i rn e o di nt ua c i nl op . i p2 ) t a( a r 4 n t s ae i l g su ee r r kr eae hmd t , yn e cnu nar epa r u t qms o i ec g s e fer o he st h met rrh o e f t t i e nb w I

t. so ) i 2 nn( on4 i al e t cu c i yr r t t i r s v e e i r t d c n ya l u n oRd e eSr hCe t Tes h . i t ), g 2 e 1r ( 4 2t e0o 2 l u ln i rr s i rp e h dAi c t ns h u1 w r, ne ot y i t fi t a t a rn r t oe s i nn g oa es r h rtg ocu e f j o o er r t h pt a dfd oe tt s a ct l en ope nsm e e sr l i p n ei m r t e i a hh e Tt b .

18.7-5 Step plan for setting up an implementing agency and registering it with the Central Government [rule 4(2)] e e s e s a e l P

Exhibit “2”

Para 18.9 173

Illustration

18.7-3 Sequence

18.7-4 No last date for registration

. 5] . m6 A i. C hQ goM ut e oeh rs t hn y t ob dpd ese e t r n u e[s s t mc i , e1 ej l o2 p 0 mr2 p ia t es s be u nvg aou crA p ,p h s t t a 5 c ed2 j rt . o rad po1 gB2 e nh 0 i 2 o t / ge4 nc 1 on . goo nsN i e r d i a l ucu n l c e c ng r i i ,aC s g l t na c i r et j ne o ren pme eG ll l n A pi

18.8 ALL PROJECTS CAN BE IMPLEMENTED THROUGH IMPLEMENTING AGENCIES

a f o n o i t i s i u q c a r o n o i t a e r c r o f y n a p moy cb d al ye bh e tb n el l pa sh es bh c yi ah mw tt , n e us oa s ml aa t i Rp Sa Cc

18.9 IMPLEMENTATION MAY INVOLVE ACQUISITION OF A CAPITAL ASSET

r de eb r e m t s u i g N en Ro ai t a rr os t ,i t g c e AR e hR t S fC o g n 8i v na oh i t , c y et s e i rc e o dS nd ue r de et hs i s ig r l e o b aR) ; t r2 s o ( e t4 ys e nul aru pTr r mce i l ob d cu n aPu ) (

, s p u o r g p l e h f l e s f o m r o f e h t n i , t c e j o r p R S C d i r a o s e; s e hi t t i ft o n se e , i s r e a v i i c t i f c e e l nl eo bc ) (

: y t i r o h t u a c i l b u p a ) (

) y mc i ol co eP hy t t i oi l t b i rs on i r o pp s t ie yR bl a dc i l e o hS de nt aa r do ep t r a o eC r ( c s te e i s n s a a p lm a t o i p aC ce yh nt ] a ) f 4 ( fo 7 o t n e te l c u e m r p [ e s c e n r e nm I

S E I C N E G A G N I T N E M E L P M I H G U O R H T N O I T A T N E M E L P M I

senn y a o ahh i t dTt a . e c e 0l i r 8u f o i 1r t ms fs u itj o h dtol e fnb oo i fa r ton e pndo e os amr i a e nee i r pr i h u t rn i qeo we hd t ,rr l e l eus a hhfa t ab sh d yr yt niba awdo pye ldB mp e o nh e cmt t eox f c eo ht t nea l ,e b 1 2myv o 0ea r. 2c p) ] ,nmp4 s esa( e l my 7 e a u hl e Rmdt u o0hr tc 8t n o eh1it mcfwo o ss dud y i nso a v emi do r moe r 0p rp9 Af [

f o ) ( 2 n o i t c e s n i d e n i f e d s) ] a ( ’) y 1 t ( i 2 r oe hu l t u r [ A5 c0 i 0 l b 2 ut , Pc ‘ sA nn ao et i ma m yr t i o r f on hI t o u t at ch i g li b uR Pe h At h

174 Para 18.11

gye h nct i n t ef n ego s mas eee h l n t p i , s me u itb a er hs tf t o oue l t l s i yo r l u p To p.c an l doa l dm u e or i r o wr n yae nch s ai t py n mt ii v oi s i ct ech hai c t oRh S w t . eC ) ] y l hi t b ( c ai ) v i ch t ( i l ) wc1 p pha( agn2 e suol noyu orr r i h r [ t t a c y cn s i r e ta t i s o c e nnp r enm lg l ao A acc

18.10 RESTRICTIONS UNDER THE ACT/RULES ARE APPLICABLE TO IMPLEMENTING AGENCIES

, y n a p m o c e h t o t e l b a c i l p p a s n o i t c i r t s e r e h t h t i w e c n a i l p m o c e r u s n e o T d i

. p u n w a r d e b o t s i t n e m e e r g a d e l i a t e d a t a h t e l b a s i v d a s i t i ) (

s a n o i t a t n e m u c o d t s u b o r n i a t n i a m o t d e r . i t u n qe em r e ee br g da l u e oh ht sn yi cd ne ei f gi ac e ep hs t ) ( a

l ”yl d a ebh s ds r uet bvn soe r i m p d p e oa g ss a “ san d”a nrm uel fni a enc han m t a ten a i h f ht t r o fi nf l e “e s d l t i b n . i ya ] s ) f 5 s sn( i o e t p4 s a osl s e e tpr u r s r uun[ t mpoc s er e yh ef f nt a pe r ee po hh mft odrt o eo cs t i al Of y i ft i o uFt r dnCe e re hc a o oett Bbde e nv ev aa ha th Thi

18.11 MONITORING BY BOARD AND CERTIFICATE BY CHIEF FINANCIAL OFFICER

oeehoe cs s t ec h el o i r t e pap t h r r stp awa e ouur sh n b t t so ee i , f yde eh rr l tde ea n tw s n n oi r e , l u n t s ti h f . t s a e o t c u e R t m nul l e S hr, t c sei e b i C o a r e h h e hoTet h wt z . y h i dtn l ft f t i no ree i r i a e c r oapse ye a p i t f pe l Bda i e s r l t eh f a es u oaa l c hr l s s e i o t l ua em tbhtahh t d a e sse os ,t i hd h nkti rc t e o tor sv ssi f a t dtaa a o s h e n n h s e t l c i b gul i iel l,s e i d gft n i e ueubwt a ng shhsdn or a ”tc p e r r so huha e me c h s y o ni rt e hcbl nh ei cnep awi bw e m h mrh gt ld il e eowa, it e t hfngc bwn n i s t a e yielol j l t h ns i o an p i o r w w “ e w e p , ep t b m r e d s c n u h l e e a et oj l ptl i r i n o w h ypt e a r f a mt ph i s pl e etcin pe e e e a hf yp er l hp hb Ti st t t -

flnr o e oeh tcht c wo eyt pno n san I e p . r tn m n uw o b i o c s ea s t l t c b i en anj ceo i lhro p p w y l p t R arS c o e ss r Ci i e )i gd 5 c n ( s nie 4 k e i a t eg i t l v a r u i e t rgd c nn di a i tu a R n s rS eo e r C omfs s e f l e e a i p k n ema a hip t r t hme tg d a uon ho c t ru drel f ehhe t t u o s n t go i hy r it t a in a wa et bnsp deem t m l a o u er c ol oe cpb mah ti I lt

18.11-1 Rule 4(5) may not apply when the company itself undertakes CSR activities on its own

E T A C I F I T R E C D N A D R A O B Y B G N I R O T I N O M

175

Para 18.11

: n s o eb h ha p wl a l r o ec g l a b r ana cip i r l ot p n p e s ai e u ec q r ne a es b sgu a t n s g en n mt i i en d r e en i u mi qe a l el p r px eme t is a i chs i gi f i uh t r oT e . crs h t e dd i ne n at a gnp nem i mo r ol ec t r i p e n h omt i me o h ert hai t sw ,tn c s deo rjt i o or a wp r -

y l l a i c i d u j s i ” o s “ d r o w e h T . ” d e s r u b s i d o s “ n o i s s e r : ps xw eo el l ho t f ss e s a ud )e 5 n ( i 4 a el l p u x Re ) ( a

) (

n o i t a n a l p x E

) (

i First limb of the to s. 3 1 of the Customs Tariff Act, 1975 clarifies that the duty chargeable u/s. 3 1 would be the excise duty for the time being leviable on a like article if produced or manufactured in India. The second limb to the deals with a situation where a like article is not so produced or manufactured. The use of the word ‘so’ implies that the production or manufacture referred to in the second limb is relatable to the use of that expression, , the excise duty for the time being leviable on a like article if produced or manufactured in India, in the first limb which is of a like article being produced or manufactured in India. Hyderabad Industries Ltd. UOI ii In Law Laxicon by P Ramamnatha Aiyar, word ‘so’ means in this manner or degree. “So COMPLETED” or “so ALTERED” imports the doing of the thing in the manner and so as to satisfy the requirements previously prescribed per SMITH, J., G.Q. Ry v. Halesowen Ry. 52 LJQB 479 . Bal Kishan Bansal Pramit Bansal Son of Devki Nandan Bansal iii The adverb “so” is defined by Webster as meaning “in the same manner; has bas been stated; in this or that condition or state; under these circumstances; in this way; with reflex reference to something just asserted.” This is the ordinary way the word is understood, and it must be taken to mean the same thing when used in an indictment. Blanton State, n o i t a n a l p x E

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,dgsed t wr l nc e u i ood s er r j Nwe eu o .ec hb rt d e p s ehr i nd t t p d a e neo t h e s r s aw h ot yf o s,t l s e es , i uer cr c e obv e nnf i g e v e e n e H ei g r w r h . ] p t oas t 5 i , 6 gyHged i n / 2 nn i e . a i t y tn . h s i h nr s teoea u t e a a t mpb W mt s m e e s i o l l d o p 1 stb c o ” on a , t mr o 0 t ie s a 3 s l o “ h 4 rse e n t e t r . f o o o P r e i . e hs ) 4 rdef 4 t s 2 ”ybe i ( e o l 4 drwr t sn / l ) p) “ n x1 deu4o rdo(i ( te4 oic4a e v . we or he ht v l otu c e)i ) bsr 5h1 h( aer ( t s l w 4 4 , l ue s o ) ue”ec d l l 5 o hu n u ( n4 sr u [ Tr“ i

: s w o l l o f s a d e n i a l p x e y l l a i c i d u j s i ” d e s r u b s i d “ m r e t ) e ( h T ) ( b

i As pointed out in our discussion under point 1, property of the government was intrusted to him for disbursement, which

6 9 9 1 , t c A n o i t a i l i c n o C d n a n o i t a r t i b r A e h t f o 8 n o i t c e s f o e s o p r u p e h t r o F . 0 6

Corporate Social Responsibility Law & Practice AUTHOR PUBLISHER DATE OF PUBLICATION EDITION ISBN NO PAGE NO. BINDING TYPE

: : : : : : :

RA JESH S. KADAKIA TAXMANN JANUARY 2022 2022 EDITION 9789393656025 380 PAPERBACK

Rs. 775 | USD 41

Description This book provides a comprehensive analysis of Corporate Social Responsibility (CSR) provisions in the following: u

Companies Act, 2013

Companies (Corporate Social Responsibility Policy) Rules, 2014

The Present Publication is the latest 2022 Edition, authored by Rajesh S. Kadakia, with the following noteworthy features: u

[Updated CSR Compliance Requirements] are provided in this book

[Explaination of CSR Provisions] with a fresh perspective & illustrations

[Carefully Crafted to provide Insights on Complex Topics] such as: n

Activities that are regarded as CSR

Different Applicability Criteria

CSR Committee

CSR Policy

Roles & Responsibilities of Board of Directors

Calculation of the Quantum of Spending on CSR

Approved Modes of incurring CSR Expenditure

Impact Assessment

[Applicability of CSR Provisions to Section 8 & Foreign Companies] along with disclosure requirements, reports/certificates and consequences of default is also included in this book

[Accounting Aspects & Income-tax Provisions] and interpretation regarding the deductibility of CSR expenditure is also covered in this book

This book also consists of the following: n

Relevant Section of the Companies Act, 2013

Schedule VII of the Companies Act, 2013

Companies (Corporate Social Responsibility Policy) Rules, 2014

Relevant Notifications under Companies Act, 2013

Relevant Circulars/Clarifications under the Companies Act, 2013

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