Institute has printed 10 new income tax standars ICDS in the supplemantry for may 2016 .
DO we need to prepare them for exam point of view ?
CAN we really expect questions based on them ?
sonal chugh (student) (36 Points)
03 March 2016Institute has printed 10 new income tax standars ICDS in the supplemantry for may 2016 .
DO we need to prepare them for exam point of view ?
CAN we really expect questions based on them ?
Ankit Taprania
(CA FINAL )
(542 Points)
Replied 04 March 2016
Sonal , ICDS's contains some significant differences from AS , and to recover from consequent difficulties some amandments have also been made , which raises a great deal of possibility that institute might ask questions based on ICDS or on amandments made in consequent to ICDS .
therefore you should prepare them , however if you don't wanna to go through the whole content alteast go through the Significant deviations b/w AS and ICDS on pages 82 to 90 .
Best of luck.
sonal chugh
(student)
(36 Points)
Replied 04 March 2016
finally a reply .
thanks for responding Ankit and
BEST OF LUCK to you too.
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