Income Computation & Disclosure Standards

DIVISION I - Financial Reporting Framework & ICDS

Chapter 1 - Financial Reporting Framework - An Introduction
Chapter 2 - Income Computation and Disclosure Standards - An Introduction
Chapter 3 - Rationalisation of Provisions of Section 115JB in line with Indian Accounting Standard (Ind-AS)

DIVISION II - Income Computation & Disclosure Standards

Chapter 1 - Income Computation & Disclosure Standards
Chapter 2 - Form 3CD Clause by Clause Analysis

DIVISION III

Chapter 1 - Income Computation and Disclosure Standards vis-à-vis Judicial Precedents
Chapter 2 - ICDS (Revised) v AS
Chapter 3 - ICDS (Revised) v Ind AS

Appendix 1 - Tests for Distinction between Shares held as Stock-in-Trade and Shares held as Investment
Appendix 2 - Chargeable as - Distinction between Shares held as Stock-in-Trade and Shares held as Investments - Tests for such a Distinction
Appendix 3 - Issue of Taxability of Surplus on Sale of Shares and Securities - Capital Gains or Business Income - Instructions in Order to Reduce Litigation
Appendix 4 - Clarifications on Income Computation and Disclosure Standards (ICDS) notified under section 145(2) of the Income-tax Act, 1961