Applicability of ICDS: they govern regular income computation and apply to alternate minimum tax but not to MAT. The Income Computation and Disclosure Standards (ICDS) apply to income determination under the regular provisions of the Income Tax Act, do not apply to ... Summary
Applicability of ICDS: they govern regular income computation and apply to alternate minimum tax but not to MAT.
The Income Computation and Disclosure Standards (ICDS) apply to income determination under the regular provisions of the Income Tax Act, do not apply to Minimum Alternate Tax computation, and do apply when computing Alternate Minimum Tax.
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