Unspent CSR amount was not transferred to Schedule VII or account in 30 days

Jayanta Bandyopadhyay (286 Points)

01 October 2024  

Last 2 years we had spent excess CSR amount. This FY 23-24, we could not .Also failed to transfer unspent amount as per the guideline.

To avoid penalty and audit stricture, what options are available.

It was a slip off-not intentional