Shall the following qualified as a CSR Activiteis
Directly transfer of money in the bank accounts of poor/BPL catogories for their food and othe basic needs.
yes you can transfer it and take signatures from them. If you still have surplus of the 3 years 3% average profits, then, open an account Unspent Corporate Social Responsibility A/c and transfer the unspent amount of CSR before 30th April 2021.
Replied 29 November 2021
i think you mean to say 2% of average profit
Yes, sorry I forgot. Txs or mentioning