In reference to Impact Assessment of CSR Activities, answer the following: If a company has obligation of spending ₹10 crore or more in three immediately preceding financial years, but company has spent partial amount on

As per Rule 8(3)(a) of Companies (Corporate Social Responsibility Policy) Rules every company having average CSR obligation of ten crore rupees or more in pursuance of sub-section (5) of section 135 of the Act, in the three immediately preceding financial years, shall undertake impact assessment, through an independent agency, of their CSR projects having outlays of one crore rupees or more, and which have been completed not less than one year before undertaking the impact study. As given in present case, if the outlay in any project is not more than ₹10 Crore or company not spent on CSR at all, then in such case Impact Assessment is not mandatory. Further, if company has not spent at all, there is no question of impact assessment.