alleryStart learning →Under CARO 2020 clause 3(xx)(b), unspent CSR for an ongoing project goes where under s.135(6)?
AA special account
BThe general reserve
CA Schedule VII fund
DThe auditor's escrow
Answer & Solution
Correct answer: A. A special account
Unspent CSR amounts for ongoing projects must be transferred to a special account under sub-section (6) of section 135.
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