What is the scope of Going Concern as per ICDS I.

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..... r vocation and intends to continue his business, profession or vocation for the foreseeable future. As financial statements are a periodic reflection of the entity s status, computation of total income is also a periodic evaluation of the assessee s income. Material uncertainties may cast doubt upon the ability of an assessee to continue as a going concern. An assessee is assumed to be a going .....

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