Introduction to eForm CSR-1 Filing
In compliance with the directives of the Ministry of Corporate Affairs (MCA), entities intending to undertake Corporate Social Responsibility (CSR) activities are required to file eForm CSR-1. This article elucidates the process and requirements for filing eForm CSR-1, mandated for all CSR projects effective from April 1st, 2021.
1. Mandate and Latest Updates
1.1 Mandate of eForm CSR-1
1.2 Latest Due Date Update – 2024
Understanding eForm CSR-1
2. Overview of Form CSR-1
2.1 Purpose of Form CSR-1
2.2 Law Governing the eForm CSR-1
3. Eligibility and Registration
3.1 Registration by Implementing Entities
3.2 CSR Registration by NGOs
3.2.1 Eligibility Criteria for NGOs
3.2.2 Registration Procedure for NGOs
4. Documentation Requirements
4.1 Documents Required for CSR-1 Registration
4.2 Procedure to Download Form CSR-1
5. Filing Procedure
5.1 Procedure for Filing of Form CSR-1
5.1.1 Declaration and Designation
5.1.2 Upload Documents
5.1.3 SRN Generation
5.1.4 Challan Generation
5.1.5 Acknowledgement and CSR Registration Number
Related Guides and Resources
6. Additional Resources
6.1 MCA Change Request Form (CRF)
6.2 MCA Waives Fees and Extensions
6.3 How to Change Your Company Name
6.4 Section 8 Company Compliance
Conclusion
Filing eForm CSR-1 is a crucial step for entities and NGOs intending to engage in CSR activities. Compliance with MCA regulations ensures transparency and accountability in CSR endeavors, contributing positively to society.
Frequently Asked Questions (FAQs)
What is the purpose of eForm CSR-1?
eForm CSR-1 serves as a registration form for entities intending to undertake CSR activities, ensuring compliance with MCA regulations.
Who is mandated to file Form CSR-1?
Entities defined under the Companies (Corporate Social Responsibility Policy) Rules, 2014, are required to file Form CSR-1 for CSR registration.
What are the eligibility criteria for NGOs to receive CSR funds?
NGOs must be registered under section 12A and 80G of the Income Tax and have at least 3 years of undertaking charitable activities.
What documents are required for CSR-1 registration?
Documents include a copy of the registration certificate, PAN of the NGO, DIN/PAN of directors/trustees/secretaries, and a resolution authorizing the filing.
How can one download Form CSR-1?
Form CSR-1 can be downloaded from the MCA website under the 'Registration of Entities for undertaking CSR activities' section.
What is the procedure for filing Form CSR-1?
The filing procedure involves logging into the MCA portal, uploading the form, digitally signing, and uploading required documents.
How is the CSR Registration Number generated?
Upon submission of Form CSR-1, a unique CSR Registration Number is automatically generated by the system.
What is the significance of the SRN generated?
The Service Request Number (SRN) is essential for future correspondence with MCA regarding CSR activities.
Is there a deadline for filing Form CSR-1?
Entities are advised to file Form CSR-1 at the earliest to avoid penalties. The due date may vary based on regulatory updates.
Can unregistered NGOs receive CSR funds?
No, CSR spending through unregistered NGOs is not eligible for counting towards CSR activities.