Chartered Accountant
173 Points
Posted on 01 October 2016
CBDT notifies ICDS to be applicable w.e.f. AY 2017-18 for all assesses other than individual & HUF (who are not under audit u/s 44AB) following mercantile system of accounting. It also amends Form 3CD w.e.f. 1st April 2017 to incorporate compliance of ICDS.
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