ICDS Disclosure in 3CD

As you might already know that 10 Icds are notified and applicable for AY 2017-18 which are to be reported in income tax return and form 3cd.
Adequate disclosures as to applicability of a particular standard and its effect on profit (increase or decrease) are required to be disclosed in the form 3cd. Form 3cd has been amended in accordance with the notified standards

Thanks Pranay Teja for the reply but i want to know that if my client is following all the accounting standards while preparing the financial statements then kindly let me know whether there is any deviation in profit as per icds which need to be mentioned in 13(e) of 3cd and can i disclose the same accounting policies (as per AS) in the icds disclosure requirements in 13(f) of 3cd??

Sir, the revised Icds are in line with the accounting standards of ICAI.. Caution is required with respect to as-10 property plant and equipment as the same is revised or consolidated after the revised Icds.. the effect would be with respect to long pending from use store items... except PPE, rest icds standards are in line with

accounting standards.... however impact needs to be calculated if the client needs to follow ind as in the future... therefore deviation with respect to store items needs to be mentioned, if any

Ok thanks for solving the doubt, there is no such store item which needs to be mentioned so can i disclose the same accounting policies in the disclosure requirements of ICDS?

yes... provided you're complying with the accounting standards

Okk sir thanks a lot..

Kindly suggest me the disclosures which are necessary to be made while making 3CD for the A.Y. 2017-18?

kindly suggest samel disclosure for small entities for each icds

how to fill 3cd for banks  what should i disclose??

Pranaya Ji,

I have filed on of my client 3cd AY 2017-18, i have not filled the ICDS column, is it any problem in future, 

please suggest me