ICICI

Icds


Souvik Kumar Ghosh (CA Final)     21 October 2015

Souvik Kumar Ghosh
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Are ICDS applicable for CA Final, Nov-15 in Direct taxes?

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Miss Rinkal (Student)     21 October 2015

Miss Rinkal
Student 
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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)     23 October 2015

Souvik Kumar Ghosh
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Is there an ICAI announce on the same?

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Miss Rinkal (Student)     23 October 2015

Miss Rinkal
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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.

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Miss Rinkal (Student)     23 October 2015

Miss Rinkal
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Regarding icds applicability, you can check this notification


Attached File : 131263 20151023213311 notification33 2015.pdf downloaded: 122 times

S. Shiroor (Others)     23 October 2015

S. Shiroor
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How many subjects are there in CA.  Every year exams are on 15th Nov?

 

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Miss Rinkal (Student)     24 October 2015

Miss Rinkal
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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)     18 February 2016

PET
Manager 
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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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