Category Archives: ICDS-VII

Video Lectures – ICDS VII : Government Grants ICDS IX : Borrowing Costs ICDS X (2nd Technical Session)

ICDS VII : Government Grants ICDS IX : Borrowing Costs ICDS X (2nd Technical Session) on 22.4.2017 by CA D S Vivek Related Post on ICDS Video Lectures -ICDS – I : Accounting Policies ICDS -II : Valuation of Inventories -1st Technical Session Video Lecture – ICDS V : Tangible Fixed Assets ICDS VI, ICDS… Read More »

New ICDS-VII -Government grants w.e.f AY 2017-18

Source- Notification No. 87/2016-Income Tax Dated: 29.09.2016 Income Computation and Disclosure Standard -ICDS-VII relating to 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… Read More »