Annexure II Annexure II
- Chapter
- Annexures · Forms and Registers
ANNEXUREDefined in rule 2(c): Annexure means the Annexure appended to these rules II
FORMAT FOR THE ANNUAL REPORT ON CSR ACTIVITIES TO BE INCLUDED IN THE BOARD'S REPORT FOR FINANCIAL YEAR COMMENCING ON OR AFTER THE 1ST DAY OF APRIL, 2020
1. Brief outline on CSR PolicyDefined in rule 2(f): CSR Policy means a statement containing the approach and direction given by the board of a company, taking into account the recommendations of its CSR Committee, and includes guiding principles for selection, implementation and monitoring of activities as well as formulation of the annual action plan of the Company:
2. Composition of CSR CommitteeDefined in rule 2(e): CSR Committee means the Corporate Social Responsibility Committee of the Board referred to in section 135 of the Act: -
Sl. No. - Name of Director - Designation / Nature of Directorship - Number of meetings of CSR CommitteeDefined in rule 2(e): CSR Committee means the Corporate Social Responsibility Committee of the Board referred to in section 135 of the Act held during the year - Number of meetings of CSR CommitteeDefined in rule 2(e): CSR Committee means the Corporate Social Responsibility Committee of the Board referred to in section 135 of the Act attended during the year
3. Provide the web-link(s) where Composition of CSR CommitteeDefined in rule 2(e): CSR Committee means the Corporate Social Responsibility Committee of the Board referred to in section 135 of the Act, CSR PolicyDefined in rule 2(f): CSR Policy means a statement containing the approach and direction given by the board of a company, taking into account the recommendations of its CSR Committee, and includes guiding principles for selection, implementation and monitoring of activities as well as formulation of the annual action plan and CSR Projects approved by the board are disclosed on the website of the company.
4. Provide the executive summary along with web-link(s) of Impact Assessment of CSR Projects carried out in pursuance of sub-rule (3) of rule 8, if applicable.
5. (a) Average net profitDefined in rule 2(h): Net profit means the net profit of a company as per its financial statement prepared in accordance with the applicable provisions of the Act, but shall not include the following, namely: (i) any profit arising from any overseas branch or branches of the company, whether operated as a separate company or otherwise; a... of the company as per sub-section (5) of section 135.
(b) Two percent of average net profitDefined in rule 2(h): Net profit means the net profit of a company as per its financial statement prepared in accordance with the applicable provisions of the Act, but shall not include the following, namely: (i) any profit arising from any overseas branch or branches of the company, whether operated as a separate company or otherwise; a... of the company as per sub-section (5) of section 135.
(c) Surplus arising out of the CSR Projects or programmes or activities of the previous financial years.
(d) Amount required to be set-off for the financial year, if any.
(e) Total CSR obligation for the financial year [(b)+(c)-(d)].
6. (a) Amount spent on CSR Projects (both Ongoing ProjectDefined in rule 2: a multi-year project undertaken by a company in fulfilment of its CSR obligation, having a timeline not exceeding three years excluding the year of commencement. and other than Ongoing ProjectDefined in rule 2: a multi-year project undertaken by a company in fulfilment of its CSR obligation, having a timeline not exceeding three years excluding the year of commencement.).
(b) Amount spent in Administrative OverheadsDefined in rule 2: expenses incurred by the company for general management and administration of CSR functions, but excluding expenses directly incurred for the designing, implementation, monitoring and evaluation of a particular CSR project or programme..
(c) Amount spent on Impact Assessment, if applicable.
(d) Total amount spent for the Financial Year [(a)+(b)+(c)].
(e) CSR amount spent or unspent for the Financial Year: - Total Amount Spent for the Financial Year (in Rs.) - Total Amount transferred to Unspent CSR Account as per sub-section (6) of section 135 - Amount; Date of transfer - Amount transferred to any fund specified under Schedule VII as per second proviso to sub-section (5) of section 135 - Name of the Fund; Amount; Date of transfer
(f) Excess amount for set-off, if any:
(i) Two percent of average net profitDefined in rule 2(h): Net profit means the net profit of a company as per its financial statement prepared in accordance with the applicable provisions of the Act, but shall not include the following, namely: (i) any profit arising from any overseas branch or branches of the company, whether operated as a separate company or otherwise; a... of the company as per sub-section (5) of section 135
(ii) Total amount spent for the Financial Year
(iii) Excess amount spent for the Financial Year [(ii)-(i)]
(iv) Surplus arising out of the CSR projects or programmes or activities of the previous Financial Years, if any
(v) Amount available for set off in succeeding Financial Years [(iii)-(iv)]
7. Details of Unspent Corporate Social Responsibility amount for the preceding three Financial Years:
(1) Sl. No.
(2) Preceding Financial Year(s)
(3) Amount transferred to Unspent CSR Account under sub-section (6) of section 135 (in Rs.)
(4) Balance Amount in Unspent CSR Account under sub-section (6) of section 135 (in Rs.)
(5) Amount Spent in the Financial Year (in Rs.)
(6) Amount transferred to a Fund as specified under Schedule VII as per second proviso to sub-section (5) of section 135, if any - Amount (in Rs.); Date of Transfer
(7) Amount remaining to be spent in succeeding Financial Years (in Rs.)
(8) Deficiency, if any
8. Whether any capital assets have been created or acquired through Corporate Social Responsibility amount spent in the Financial Year: Yes / No. If Yes, enter the number of Capital assets created/ acquired. Furnish the details relating to such asset(s) so created or acquired through Corporate Social Responsibility amount spent in the Financial Year:
(1) Sl. No.
(2) Short particulars of the property or asset(s) [including complete address and location of the property]
(3) Pincode of the property or asset(s)
(4) Date of creation
(5) Amount of CSR amount spent
(6) Details of entity/ Authority/ beneficiary of the registered owner - CSR Registration Number, if applicable; Name; Registered address (All the fields should be captured as appearing in the revenue record, flat no, house no, Municipal Office/Municipal Corporation/ Gram panchayat are to be specified and also the area of the immovable property as well as boundaries)
9. Specify the reason(s), if the company has failed to spend two per cent of the average net profitDefined in rule 2(h): Net profit means the net profit of a company as per its financial statement prepared in accordance with the applicable provisions of the Act, but shall not include the following, namely: (i) any profit arising from any overseas branch or branches of the company, whether operated as a separate company or otherwise; a... as per sub-section (5) of section 135.
Sd/- (Chief Executive Officer or Managing Director or Director). Sd/- (Chairman CSR CommitteeDefined in rule 2(e): CSR Committee means the Corporate Social Responsibility Committee of the Board referred to in section 135 of the Act). Sd/- [Person specified under clause (d) of sub-section (1) of section 380] (Wherever applicable).