Question

In the context of ICDS V, which category of assets does this standard specifically address?

Q: Answer-In the context of ICDS V, which category of assets does this standard specifically address?

The Income Computation and Disclosure Standard V is a set of accounting standards issued by the Central Board of Direct Taxes CBDT in India. These standards aim to provide a consistent and uniform framework for the computation of income and the disclosure of income-related information for tax purposes. ICDS V specifically deals with Tangible Fixed Assets.