Can ICDS apply to a person following cash system of accounting and to the person whose books of account for the year are not required to be audited u/s 44AB.

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..... closure standards
Income Tax
Manuals
Dated:- 11-8-2017
Manual - Introduction ICDS would apply to every person following mercantile system of accounting, irrespective of the level of incom .....

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..... ness or profession. ICDS would not apply if such individual or HUF has no income under the head "Profits and Gains of Business or Profession", but has income under the head "Income from Other Sources" .....

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