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TMI BlogExpenses head for social responsibility activityX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Experts Please guide, what are the various impact of Expenses head for social responsibility activity in the final a/c. Regard Vikram - Reply By Ganeshan Kalyani - The Reply = Sir i would request you to elaborate your query little more. Thanks. - Reply By vikram singh - The Reply = Dear Sir, I would like to say that if we expensed on social activitis, then what are the impect o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f these activitis in accounting and other. Regard Vikram - Reply By MARIAPPAN GOVINDARAJAN - The Reply = Do you mean the Corporate Social Responsibility under the Companies Act? - Reply By vikram singh - The Reply = Yes Sir.. - Reply By MARIAPPAN GOVINDARAJAN - The Reply = The expenses for CSR may be spent on the thrshold amount as fixed by the Companies Act, 2013 . This expenditure would ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... not form part of the Profit and Loss Account. - Reply By vikram singh - The Reply = Sir, please explain what are the impect of thease expenses. Regad Vikram - Reply By Ganeshan Kalyani - The Reply = Sir, as the name suggests it is the responsibility of the company to do something for the society as per the norms given in Companies Act, 2013. Some percentage of the Net Profit is required to ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... be spent for the purpose of Corporate Social Responsibility. Thanks - Expenses head for social responsibility activity - Query Started By: - vikram singh Dated:- 24-5-2016 Accounting - Auditing - Got 7 Replies - Companies Law - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TM ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... I - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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