With effect from 1st April, 2017, a tax auditor
will report whether any adjustment is required to
be made to the profits or loss for complying with
the provisions of income computation and
disclosure standards notified under section 145(2)
and will disclose amount of increase or decrease
in profit relating to each ICDS separately.
Adequate disclosure will also be made in respect
of ICDS 1 to ICDS 10, except in case of ICDS 6
or ICDS 8.