alleryStart learning →The ICDS notified in February 2015 relate to what?
ACash flow reports
BCompany audit rules
CComputation of tax
DAsset depreciation
Answer & Solution
Correct answer: C. Computation of tax
Income Computation and Disclosure Standards were notified for computing taxable income.
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Related questions
Under Rule 4, Ind AS binds companies in preparing statements and auditors in what?A small associate of a first-phase company must apply Ind AS from?A company in the process of listing has net worth of Rs 600 crore. Ind AS from?An unlisted entity with the minimum Rs 250 crore net worth begins Ind AS on?At precisely Rs 500 crore net worth, an unlisted entity adopts Ind AS beginning when?ICAI, which houses the Accounting Standards Board, was formed under what?Before Ind AS, Indian companies followed which accounting framework?The Accounting Standards Board is a committee under which body?