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of <h1>Income Tax Rules 9A and 9B Override ICDS Guidelines in Case of Conflict, Says CBDT.</h1> In the event of a conflict between Income Computation and Disclosure Standards (ICDS) and specific provisions of the Income-tax Rules, 1962, such as rules 9A and 9B, the specific provisions of the Income-tax Rules will take precedence. ICDS, issued under section 145(2) of the Income-tax Act, 1961, serves as general guidelines for income computation and does not override the specific rules. The Central Board of Direct Taxes (CBDT) has clarified that the specific provisions addressing particular circumstances will prevail over the general principles outlined in the ICDS.
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