Deepak Gupta | May 29, 2018 |

Company shall give preference to the local area for CSR | MCA Clarifies : MCA videGeneral Circular number 06/2018 has made regarding Clarification with regard to provisions under section 135 (5) of the Companies Act, 2013.
MCA has clarified that the first provisounder section 135 (5) of the Companies Act, 2013 which states that“the company shall give preference to the local area and areas around it where it operates, for spending the amount earmarked for Corporate Social Responsibility activities:” has to be followed with letter and spirit.
Click here to read the circular
You May also refer :MCA issues clarification for CODS where orders are pending before NCLT

Tags :5 of the companies act, 135 5 of the companies,preference to the local area, give preference to the local, companies act 2013,Company shall give preference to the local area for CSR | MCA Clarifies

StudyCafe Membership

Join StudyCafe Membership. For More details about Membership Click Join Membership Button

Join Membership

In case of any Doubt regarding Membership you can mail us at [email protected]

Join Studycafe's WhatsApp Group or Telegram Channel for Latest Updates on Government Job, Sarkari Naukri, Private Jobs, Income Tax, GST, Companies Act, Judgements and CA, CS, ICWA, and MUCH MORE!"

Tags: Companies Act 2013, TDS, TDS CIRCULARS

Author Bio

Name: Deepak Gupta

Designation: Co Founder

Company: StudyCafe

Location: Delhi, India

Total Posts: 3423

CA Deepak Gupta,is Co-founder of Studycafe. He is Microsoft Office Specialist and Corporate Trainer of AI Tools, Microsoft Excel. He is Finance Influencer having more than 250K followers on Social Media. CA Deepak Gupta, is Having more than 14 plus years of experience, and he has Worked with best brands Like, Hero, Wipro, Ericsson before Starting Studycafe. He has Trained more than 20000 Persons in Microsoft Excel, PowerPoint, Power BI, Google Sheet, Google Forms and Other Tools.

My Recent Articles

UltraTech Cement slapped with Rs. 808.78 Cr Income Tax Demand GST: High Court upheld constitutional validity of Section 16(2)(c), asks government to address ITC issues of genuine purchasers Old vs New Tax Regime for Tax Year 2026-27 High court criticizes Income Tax Department for not releasing ITR Utilities despite 11 years of directions Fino Payments Bank CEO Rishi Gupta Gets Bail in GST Case, Bank Clarifies No Direct Link View All Posts