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Income-tax ( 23rd Amendment) Rules 2016

Income Tax - 88/2016 - Dated:- 29-9-2016 - GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION No. 88/2016 New Delhi, the 29th September, 2016 INCOME-TAX S.O. 3080(E).- In exercise of the powers conferred by section 44AB, read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:- 1. (1) These rule may be called the .....

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Increase in profit (Rs.) Decrease in profit (Rs.) Net (Rs.) ICDS I Accounting Policies ICDS II Valuation of Inventories ICDS III Construction Contracts ICDS IV Revenue Recognition ICDS V Tangible Fixed Assets ICDS VI Changes in Foreign Exchange Rates ICDS VII Governments Grants ICDS VIII Securities ICDS IX Borrowing Costs ICDS X Provisions, Contingent Liabilities and Contingent Assets Total (f) Disclosure as per ICDS: (i) ICDS I-Accounting Policies (ii) ICDS II-Valuation of Inventories (iii) IC .....

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