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Income Computation and Disclosure Standards: Ready Reckoner in Q & A format

Authors: CA. Nandini Suresh and CA. Preethi B.

Edition: Sixth Edition

Publication Date: 2018

Publisher: Bloomsbury Professional

Income Computation and Disclosure Standards: Ready Reckoner in Q & A format

Income Computation and Disclosure Standards: Ready Reckoner in Q & A format

The sixth edition comprehensively covers notified revised ICDS applicable to all the assessees following mercantile system of accounting and where Income is chargeable under the head “Profits and Gains of Business or Profession” or “Income from Other Sources”.

All the provisions of ICDS have been analysed in the book in an exhaustive manner with a practical approach. The practical illustrations provided in Q&A Format in the book are immensely helpful to various stake holders viz professionals, practitioners, corporates, regulators, etc in understanding the complex situations in a lucid manner.

The requirements of ITR forms and Tax Audit Reporting have been comprehensively covered.

Key Features

Covers the changes in Income-tax Act by the Finance Act, 2018

Detailed chapter on proposed ICDS on Real Estate Transactions

Complete coverage of notified revised ICDS in Q&A format

Practical illustrations on each ICDS

Relevant clauses of Form 3CD (Tax Audit Report) referred

Relevant clauses of ITRs for AY 2018-19 covered

Exhaustive Comparison of revised ICDS with relevant Accounting Standards (AS) and Ind AS

For convenience, text of notified revised ICDS and AS covered

The sixth edition comprehensively covers notified revised ICDS applicable to all the assessees following mercantile system of accounting and where Income is chargeable under the head “Profits and Gains of Business or Profession” or “Income from Other Sources”.

All the provisions of ICDS have been analysed in the book in an exhaustive manner with a practical approach. The practical illustrations provided in Q&A Format in the book are immensely helpful to various stake holders viz professionals, practitioners, corporates, regulators, etc in understanding the complex situations in a lucid manner.

The requirements of ITR forms and Tax Audit Reporting have been comprehensively covered.

To provide feedback, please mail at professionalbooks@bloomsbury.com

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