Taking cognizance of the second wave of the COVID -19 pandemic, it has been considered by the PCS Committee of the ICSI on April 12, 2021, to issue guidelines for the smooth conduct of the audit and other assignments undertaken by the PCS.
The Institute of Company Secretaries of India has launched the ICSI Plasma Bank initiative keeping in mind the importance of plasma donors that are needed during the rising cases of COVID-19.
The Central Board of Direct Taxes has specified the pension fund, namely, the Canada Pension Plan Investment Board, as the specified person under Section 10(23FE) of the Income Tax Act.
In order to enable the operationalization of re-crediting of ITC sanctioned as refund towards tax wrongly paid or paid in excess by debiting the credit ledger, a new enhanced PMT-03 functionality has been developed and deployed in the system.
MCA has requested Corporate India to consider converting their vacant office buildings to temporary COVID Care facilities with either isolation beds or a combination of isolation and oxygen beds.
Provision of oxygen, vaccines and their logistics to people affected by coronavirus is being ensured given the recent surge in cases of COVID-19 pandemic across the country, assures Finance Minister.
MCA has clarified that spending of CSR funds for 'setting up makeshift hospitals and temporary COVID Care facilities' is an eligible CSR activity under item nos. (i) and (xii) of Schedule VII of the Companies Act, 2013.
ICSI has announced to all concerned that the CS Examinations, June 2021 will be held as per the schedule announced. However, in case of an adverse/exceptional situation, necessary decision in the best interest of the students will be taken.
Live Coaching Classes (LCC) Batch-3 commencing from 10th May 2021 respectively for Students of Intermediate course appearing in Nov 2021 examination and Final course for Nov 2021 and May 2022 examination.
The Lucknow CA Tax Practitioners Association has requested the Finance Minister Smt. Nirmala Sitharaman to extend various due dates under the Income Tax Act, together with the time barring date for the assessments which require a personal hearing.
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