Tag Archives: ICDS II

ICDS II -Income Computation and Disclosure Standard-II

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 »