NEW DELHI: The Income Computation and Disclosure Standards (ICDS) shall be now applicable from April 1, 2016 instead of April 1, 2015, since tax payers might have already filed income tax return without incorporating compliance with the ICDS, the Finance Ministry said here on Wednesday."It has been decided that the ICDS shall be applicable from April 1, 2016. The notification to this effect will be issued shortly," a statement from the Finance Ministry said here on Wednesday.
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