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Construction of a School Building - Is it a CSR activity

MCA 1450 views 2 replies

An educational trust registered under Sec 8 of the Companies Act wants to constrcut additional building in its existing school and accept donations for the same from companies - both Public and Pvt ltd companies.

Will this be covered and elegible as CSR activites?

 

Replies (2)
Such activities are authorised after being approved by Relevant authorities.

If an education trust will provide education as per the activities specified in schedule vii of the Companies Act 2013, it would be considered CSR Activities. Constructing additional building may fall under the ongoing projects of the CSR Activity

 

 

 


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