Due Diligence criteria as per companies Act 2013 for CSR Projects |
ACE Social Foundation (ASF) credentials |
The Board of a company may decide to undertake its CSR activities approved by the CSR committee, through a registered trust or a registered society. |
We can undertake projects under your CSR project as we are a registered society. |
The society shall have an Established track record of three years in undertaking similar programs or projects. |
ASF is a decade old organization with expertise in the PwD sector. |
Should have a track record. |
A credible track record of training 6000 PwD’s & provided placement to 4000 PwD’s |
The company shall give preference to the local area & areas around it where it operates to spend the earmarked CSR funds. |
ASF has a pan India presence & can implement the PwD training project in & around your area of operations |
The company shall give preference to the local area & areas around it where it operates to spend the earmarked CSR funds. |
Has Income tax exemption under sec 12AA of the IT Act Has Income tax exemption under sec 80(G) of the IT Act |