CORPORATE AND PROFESSIONAL UPDATE OCT 5, 2016
Professional Update For the Day: Direct Tax:- CBDT notifies ICDS to be applicable w.e.f. AY 2017-18 for all assesses other than individual & HUF (who are not under audit u/s 44AB) following mercantile system of accounting for the purposes of computation of income chargeable to income-tax under the head “Profits and gains of business or …