Prudent Enterprises Private Limited has incurred and fully spent for the first time Corporate Social Responsibility (CSR) expenditure amounting to…

(a) In the given situation, following information is required to be disclosed in accordance with requirements to Schedule III to the Companies Act, 2013: (a) amount required to be spent by the company during the year 14.00 lacs (b) amount of expenditure incurred - 14.50 lacs (c) shortfall at the end of the year NIL (d) total of previous years shortfall NA (e) reason for shortfall NA (f) nature of CSR activities - Women empowerment activities through implementing agency (g) details of related party transactions, e.g., contribution to a trust controlled by the company in relation to CSR expenditure as per relevant Accounting Standard NIL(h) where a provision is made with respect to a liability incurred by entering into a contractual obligation, the movements in the provision during the year should be shown separately NIL