TaxTMI Login
Just a moment...
By creating an account you can:
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All TMI Notes
of of All TMI Notes
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>ICDS X Ensures Accurate Income Reporting by Addressing Provisions, Contingent Liabilities, and Assets from April 1, 2016 Onward.</h1> ICDS X addresses the recognition of provisions, contingent liabilities, and contingent assets for income computation and disclosure standards, applicable from the financial year starting April 1, 2016. It ensures that income is neither doubly taxed nor omitted due to the transition to ICDS. This standard requires considering amounts recognized in previous years ending on or before March 31, 2016, to maintain consistency and accuracy in income reporting, preventing discrepancies that might arise from the change in accounting standards.
TaxTMI 
TaxTMI 