Skip to content

CS Professional · CSR and Social Governance · Social Impact Assessment and CSR Audit

Kaveri Pharma Ltd has an unspent CSR amount of Rs 40 lakh from an ongoing project for FY 2025-26. By when must it be transferred to the Unspent CSR Account under the CSR Rules?

The unspent CSR amount for an ongoing project must be transferred to a special Unspent CSR Account in a scheduled bank within thirty days from the end of the financial year. Other periods are incorrect under the CSR Rules.

  1. AWithin 30 days from the end of the financial yearCorrect
  2. BWithin 90 days from the end of the financial year
  3. CWithin six months of the financial year end
  4. DAlong with the next year's CSR spend

Explanation

Unspent amount relating to an ongoing project must be transferred to a special Unspent CSR Account within 30 days from the end of the financial year. The 90-day or six-month periods are not the prescribed period, and deferring to next year is wrong.

Did you get it right without looking?

One question tells you little. A timed set on Social Impact Assessment and CSR Audit shows your real accuracy, how long you take and where you lose marks.

Practise Social Impact Assessment and CSR AuditFree diagnostic mock

More Social Impact Assessment and CSR Audit questions