CBDT issues draft Income Computation and Disclosure Standards (ICDS) to be notified u/s 145(2)

Jan 09,2015

CBDT notifies new draft of 12 ICDS to be notified u/s 145(2) , for comments from stakeholders and general public; Comments and suggestions on draft ICDS uploaded on Finance Ministry and Income Tax website can be submitted latest by February 8, 2015 ; CBDT had constituted a Committee comprising departmental officers and professionals in December,2010 to suggest standards for the purposes of notification u/s 145(2), which submitted first report with draft ICDS in Au...

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