ICDS III

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Is icds 3 applicable to pvt ltd. co. which has incomplete construction projects in FY 16-17?
Replies (2)
ICDS are applicable to all Assesses following Mercantile System of Accounting and chargeable to tax under the head “Profit and Gains of Business or Profession” OR “Income from Other Source”

It is applicable to all assesses Irrespective of applicability of Tax Audit
Irrespective of Turnover
Irrespective of Status of Individual (AOP, Firm, Resident, Non Resident etc.)
thankyou sir

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