New to income computation and disclosure standards (ICDS)? Here's what you need to know

Karan Khatri , Last updated: 15 July 2015  
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INTRODUCTION Background Section-145(2)of Income taxAct, 1961 empowers Central Government to issue Income Computation and Disclosure Standards (ICDS). Key Features of ICDS 1. Effective Date of ICDS is01stApril, 2015e. AY: 2016-17 onwards. 2. ICDS applicable toall assessese. Corporate

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Karan Khatri
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Category Income Tax   Report

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