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Pranita Purohit

01 March 2026 at 15:54

Posted On : 01 March 2026

CSR Impact Assessment

If impact assessment expenditure incurred by a company be treated as part of CSR expenditure? or will it be over and above 2% expenditure obligation/

also maximum 5% cap on overhead expenses on CSR. if these overheads be treated as part of CSR Expenditure.

thus if this 2% Impact Assessment fees and 5% administration overheads is over and above legal CSR obligation of 2% of average net profit?

Aashok Kumar Sharma

01 March 2026 at 05:52

Posted On : 01 March 2026

In Reply To :

P&L and B/s Format for Public Companies

Public listed companies in India must use the standardized format prescribed under Division II of Schedule III of the Companies Act, 2013. This includes producing a Balance Sheet, Statement of Profit and Loss, Cash Flow Statement, and Statement of Changes in Equity, all prepared in compliance with Ind AS and incorporating specific disclosures required by SEBI, such as promoter shareholding and ageing schedules for trade receivables.

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