CSR Advisory

Corporate Social Responsibility advisory under Section 135 Companies Act — CSR policy, project structuring, implementation, reporting and Form CSR-2 filing.

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PAN India
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Overview

Understanding CSR Advisory

Corporate Social Responsibility (CSR) under Section 135 of the Companies Act, 2013 is mandatory for companies meeting any of: net worth ≥ ₹500 crore, turnover ≥ ₹1000 crore, or net profit ≥ ₹5 crore. Eligible companies must spend ≥ 2% of average net profits of preceding 3 years on CSR activities under Schedule VII. Key compliance includes: CSR Committee constitution, CSR Policy adoption, identification of implementing entities (NGO with 12A / 12AB + 80G or Section 8 / Trust / Society), CSR-1 registration of implementing agencies, project execution per approved policy, impact assessment for projects > ₹1 crore (where companies have spent > ₹10 crore in 3 preceding years), and annual reporting via Form CSR-2. We provide end-to-end CSR advisory — policy design, partner selection, project structuring, audit-ready accounting, impact assessment coordination and Form CSR-2 / Schedule VII reporting.
Why Legal Door

Built for Outcomes, Trusted Pan-India

Specialist lawyers, transparent pricing and end-to-end execution from first call to final order.

Strategic CSR Design

Beyond compliance — CSR aligned with business and stakeholder strategy.

Partner Vetting

Implementing agency due diligence (12A, 80G, FCRA, governance, track record).

Impact Assessment

Coordinated impact studies for projects > ₹1 crore.

Form CSR-2 Filing

Annual reporting handled with full Schedule VII compliance.

What We Cover

Key Highlights

Section 135 applicability assessment
CSR Committee constitution
CSR Policy drafting per Schedule VII
Implementing agency vetting (12A / 12AB / 80G / FCRA)
CSR-1 registration of agency
CSR project structuring
2% of average net profit computation
Unspent amount handling — 30 March transfer to Unspent CSR Account
Impact assessment for projects > ₹1 crore
Form CSR-2 annual reporting
Schedule VII activity compliance
Penalty avoidance — Section 135(7)
Our Process

How We Help You

A straightforward, transparent path from first call to resolution.

1Applicability Diagnosis

Verify thresholds; compute 2% mandate.

2Committee & Policy

Constitute CSR Committee; adopt CSR Policy.

3Partner Selection

Vet implementing agencies; CSR-1 registration confirmation.

4Project Approval

Board approval for annual CSR action plan.

5Implementation & Audit

Execute projects; maintain audit-ready records.

6Reporting

Annual report under Schedule III; Form CSR-2 filing within 31 March of next FY.

Legal Framework

Applicable Laws & Regulations

Key statutes, rules and judicial precedents that govern this service.

Companies Act, 2013 — Section 135

CSR mandate framework.

Companies (CSR Policy) Rules, 2014 (as amended 2021)

Procedural framework.

Schedule VII

Permissible CSR activity categories.

Section 135(7)

Penalty for non-compliance — 2x unspent amount or ₹1 crore (whichever less).

Avoid These Mistakes

Common Pitfalls

Costly errors we routinely help clients fix — or better, avoid altogether.

Schedule VII Non-Alignment

Activities not aligned with Schedule VII don't qualify as CSR — leading to spend disallowance and penalty.

Unspent Without Transfer

Unspent CSR (excluding ongoing projects) must transfer to specified fund within 6 months. Default invites penalty.

Implementing Agency Without CSR-1

CSR contributions to non-CSR-1 registered agencies don't qualify.

Missing Impact Assessment

Projects > ₹1 crore (for companies with > ₹10 crore CSR spend in 3 years) require impact assessment.

FAQs

Common Questions

Everything you need to know before you begin

Mandatory for companies meeting any threshold under Section 135 (net worth, turnover, or net profit). Spending less than 2% requires explanation in Board's report.

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