Kindly inform whether donation made under PM CARE FUND DURING 2020-21 is part of section 181 of companies act 2013 i.e donation amount cannot exceed 5% of average profit of last three years.
kindly inform whether PM CARE WILL BE PART OF ABOVE OR IT IS EXCLUDED..
PM CARES Fund shall qualify as CSR expenditure under the Companies Act 2013.
eF. No. CSR-05/1/2020-CSR-MCA
so pm care fund is not donation under section 181 of CA ACT 2013.
CAclubindia
