Daily Archives: June 14, 2016

ICDS X- Income Computation and Disclosure Standard X

By | June 14, 2016

ICDS X Income Computation and Disclosure Standard X Provisions, Contingent Liabilities and Contingent Assets Preamble This Income Computation and Disclosure Standard is applicable for computation of income chargeable under the head “Profits and gains of business or profession” or “Income from other sources” and not for the purpose of maintenance of books of account. In… Read More »

ICDS IX-Income Computation and Disclosure Standard IX

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ICDS IX Income Computation and Disclosure Standard IX Borrowing Costs Preamble This Income Computation and Disclosure Standard is applicable for computation of income chargeable under the head “Profits and gains of business or profession” or “Income from other sources” and not for the purpose of maintenance of books of account. In the case of conflict… Read More »

ICDS VIII -Income Computation and Disclosure Standard VIII

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ICDS VIII Income Computation and Disclosure Standard VIII Securities Preamble This Income Computation and Disclosure Standard is applicable for computation of income chargeable under the head “Profits and gains of business or profession” or “Income from other sources” and not for the purpose of maintenance of books of account. In the case of conflict between… Read More »

ICDS VII -Income Computation and Disclosure Standard VII

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ICDS VII Income Computation and Disclosure Standard -VII Government Grants Preamble This Income Computation and Disclosure Standard is applicable for computation of income chargeable under the head “Profits and gains of business or profession” or “Income from other sources” and not for the purpose of maintenance of books of account. In case of conflict between… Read More »

ICDS VI -Income Computation and Disclosure Standard VI

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ICDS VI Effects of Changes in Foreign Exchange Rates Preamble This Income Computation and Disclosure Standard is applicable for computation of income chargeable under the head “Profits and gains of business or profession” or “Income from other sources” and not for the purpose of maintenance of books of accounts. In the case of conflict between… Read More »

ICDS V – Income Computation and Disclosure Standard V

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ICDS V ( Income Computation and Disclosure Standard V) Tangible fixed assets Preamble This Income Computation and Disclosure Standard is applicable for computation of income chargeable under the head “Profits and gains of business or profession” or “Income from other sources” and not for the purpose of maintenance of books of accounts. In the case… Read More »

ICDS IV -Income Computation and Disclosure Standard IV

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ICDS IV ( Income Computation and Disclosure Standard IV) Revenue Recognition Preamble This Income Computation and Disclosure Standard is applicable for computation of income chargeable under the head “Profits and gains of business or profession” or “Income from other sources” and not for the purpose of maintenance of books of accounts. In the case of… Read More »

ICDS III -Income Computation and Disclosure Standard -III

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ICDS III ( Income Computation and Disclosure Standard -III ) Construction Contracts Preamble This Income Computation and Disclosure Standard is applicable for computation of income chargeable under the head “Profits and gains of business or profession” or “Income from other sources” and not for the purpose of maintenance of books of accounts. In the case… Read More »

ICDS II -Income Computation and Disclosure Standard-II

By | June 14, 2016

ICDS II Income Computation and Disclosure Standard Valuation of Inventories Preamble This Income Computation and Disclosure Standard is applicable for computation of income chargeable under the head “Profits and gains of Business or profession” or “Income from other sources” and not for the purpose of maintenance of books of accounts. In the case of conflict… Read More »

ICDS I ( Income Computation and Disclosure Standard -I )

By | June 14, 2016

ICDS I (Income Computation and Disclosure Standard) Accounting Policies Preamble This Income Computation and Disclosure Standard is applicable for computation of income chargeable under the head “Profits and gains of business or profession” or “Income from other sources” and not for the purpose of maintenance of books of accounts. In the case of conflict between… Read More »