Csr

1) Amount can be spent at any time upto end of the financial year.

2) Rule 4(2) reads as under:

"(2) The Board of a company may decide to undertake its CSR activities approved by the CSR Committee, through a registered trust or a registered society or a company established by the company or its holding or subsidiary or associate company under section 8 of the Act or otherwise:

Provided that—

Hence criteria of 3 years will  not apply if Sec.8 company is established by the donor company or its holding or subsidiary or  associate company.