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Income computation disclosure standards

Notices & Assessments 336 views 5 replies

whether Income Computation Disclosure Standards are applicable on all assessee via [Notification No.32/2015, F. No. 134/48/2010-TPL] or on limited assessee ??????????


 

Replies (5)

They are applicable on all assessee.

what figures are required to be filled in ITR form regarding these ICDS??????????

Figures for ICDS means? Please elaborate your question.

Hi Dhanpat

 

It is mandatory for all those assesses who follows mercantile system of acounting.

 

In ITR-4, figures are required to fill for deviation effect (Financial vs Computation) i.e. (AS vs ICDS)

 

Thanks

Rather it is AS vs ICDS or ICDS vs IT act?

 


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