https://www.taxtmi.com/manuals?id=1300 ICDS VIII governs securities held as stock-in-trade: Part A applies to traders (excluding insurers, mutual funds, venture capital funds, banks and PFIs and FIIs), requires initial recognition at cost (including acquisition charges) with adjustments for pre-acquisition interest, measures securities subsequently at cost or net realisable value compared categorywise, and mandates cost carry-forward from prior year. Part B applies to scheduled banks and public financial institutions and requires adherence to Reserve Bank of India classification, recognition and measurement guidance. en-us Fri, 20 Nov 2015 16:44:00 +0530 Fri, 30 Jun 2023 16:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1300 ICDS VIII governs securities held as stock-in-trade: Part A applies to traders (excluding insurers, mutual funds, venture capital funds, banks and PFIs and FIIs), requires initial recognition at cost (including acquisition charges) with adjustments for pre-acquisition interest, measures securities subsequently at cost or net realisable value compared categorywise, and mandates cost carry-forward from prior year. Part B applies to scheduled banks and public financial institutions and requires adherence to Reserve Bank of India classification, recognition and measurement guidance. Manuals Income Tax Fri, 20 Nov 2015 16:44:00 +0530 https://www.taxtmi.com/manuals?id=1300