Aparna Lucknow, India 601 Questions 0 Answers 0 Best Answers 678 Points View Profile Aparna Asked: September 30, 20212021-09-30T19:29:42+05:30 2021-09-30T19:29:42+05:30In: Economics What is Injeti Srinivas Committee? What is Injeti Srinivas Committee? major economic committees Share Facebook 1 Answer Recent Rahul 0 Questions 518 Answers 176 Best Answers 2k Points View Profile Best Answer Rahul BRIGHT 2021-09-30T19:32:04+05:30Added an answer on September 30, 2021 at 7:32 pm Injeti Srinivas Committee It was set-up in 2019. The expenses towards CSR should be eligible for deduction in the computation of taxable income. A clarification may be issued that for newly incorporated companies, the CSR obligation under Section 135 of the Companies Act shall lie only after they have been in existence for three years. A provision to carry forward unspent CSR balance for three to five years. Central government funds should be discontinued as CSR spend, and instead a specially designated fund should be created for transfer of unspent CSR money beyond three to five years. Violation of CSR compliance may be made a civil offense and shifted to the penalty regime. 0 Reply Share Share Share on Facebook Share on Twitter Share on WhatsApp Leave an answerCancel replyYou must login or register to add a new answer. Related Questions What is Kasturirangan Committee? What is Malegam Committee?