Are ICDS applicable for CA Final, Nov-15 in Direct taxes?
7 Replies
Miss Rinkal
(Student)
(1309 Points)
Replied 21 October 2015
You mean Income Computation and Disclosure Standards, right? If yes then they are applicable from 1st April 2015 and hence not relevant for Nov 15 exams.
Souvik Kumar Ghosh
(CA Final)
(1368 Points)
Replied 23 October 2015
Is there an ICAI announce on the same?
Miss Rinkal
(Student)
(1309 Points)
Replied 23 October 2015
Only ammendments made up to 30th April 2015 are relevant. And which are relevant for ay 2015-16. The said ICDS is applicable for ay 2016-17 onwards
You can check it in the rtp itself.
Miss Rinkal
(Student)
(1309 Points)
Replied 23 October 2015
Regarding icds applicability, you can check this notification
Attached File : 131263 20151023213311 notification33 2015.pdf downloaded: 272 times
S. Shiroor
(Others)
(1207 Points)
Replied 23 October 2015
How many subjects are there in CA. Every year exams are on 15th Nov?
Miss Rinkal
(Student)
(1309 Points)
Replied 24 October 2015
There are 7 subjects at Inter level and 8 in final level.
No CA exams are conducted twice a year. In May and November, both in their first week
PET
(Manager)
(32 Points)
Replied 18 February 2016
We are following Accrual based Accounting for all.
Can I show One or two Expenses or Income on Cash basis like for Bonus, Gratiuty or Govt Incentives as earlier after introduction of Income Computation and Disclosure Standards
Pls reply
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