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

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..... n business 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 So .....

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