Tag: ICDS
CBDT’s revised Income Computation and Disclosure Standard (ICDS)-4 corresponding to AS-9 of ICAI, for recognition of revenue arising in the ordinary course of business activities of an enterprise. Preamble …
CBDT’s revised Income Computation and Disclosure Standard (ICDS)-3 corresponding to AS-7 of ICAI, for determination of a contractor’s income from construction contracts. Preamble This Income Computation and Disclosure Standard …
CBDT’s revised Income Computation and Disclosure Standard (ICDS)-2 corresponding to AS-2 of ICAI, for valuation of inventories at lower of ‘cost’ or ‘net realisable value’ by an enterprise with …