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of <h1>ICDS applies only to business profits and other income computation; TDS timing affects deductions u/ss 40(a)(i) & 40(a)(ia).</h1> The Income Computation and Disclosure Standards (ICDS) apply solely to income computation under 'Profit & gains from business or profession' and 'Income from Other Sources.' ICDS provisions are not applicable for other purposes under the Income Tax Act. Regarding sections 40(a)(i) and 40(a)(ia), deductions may be claimed in a different year than when Tax Deducted at Source (TDS) occurs. If no TDS was required at the time of claiming expenditure, the amounts are not disallowable. Conversely, if TDS was deducted in a prior year, the expenditure is not disallowed under these sections, as the tax was already deducted.
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