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SCHEDULE ICDS: INCOME COMPUTATION AND DISCLOSURE STANDARDS
Effect of ICDS on profit as per P&L (AY 2025-26)
Note: Enter the effect of each ICDS on the profit as computed in the Profit & Loss Account. Enter the amount in the "Increase in Profit" column if ICDS requires an upward adjustment, and in "Decrease in Profit" if a downward adjustment is required.
ICDS — Effect on Profit
| S.No | ICDS | Increase in Profit (₹) | Decrease in Profit (₹) |
|---|---|---|---|
| I | Accounting Policies | ||
| II | Valuation of Inventories | ||
| III | Construction Contracts | ||
| IV | Revenue Recognition | ||
| V | Tangible Fixed Assets | ||
| VI | Effects of Changes in Foreign Exchange Rates | ||
| VII | Government Grants | ||
| VIII | Securities | ||
| IX | Borrowing Costs | ||
| X | Provisions, Contingent Liabilities and Contingent Assets | ||
| Total | 0 | 0 | |
| Net Effect (Total Increase − Total Decrease) | 0 | ||