9.4.7- Companies (Corporate Social Responsibility Policy) Rules, 2014
7. CSR Expenditure.-
CSR expenditure shall include all expenditure including contribution to corpus, for projects or programs relating to CSR activities approved by the Board on the recommendation of its CSR Committee, but does not include any expenditure on an item not in conformity or not in line with activities which fall within the
purview of Schedule VII of the Act.
The Companies (Corporate Social Responsibility Policy) Amendment Rules, 2018