Companies urge govt to extend current financial year to June; relaxation in CSR spends – Sandeep Jhunjhunwala

The ministry of corporate affairs (MCA) has received representations from industry bodies and companies for extension of the current financial year to June 30 from March 31, as the current scenario on account of the Covid-9 outbreak has impacted crucial audit exercises like physical verification of inventories and fixed assets, among other statutory issues.

1. Our Director, Sandeep Jhunjhunwala shares his views on aforementioned story for Financial Express- Standalone story.