In exercise of the powers conferred by section
295 read with Section 44AB of the Income-tax
Act, 1961, the CBDT has through, Incometax
(23rd Amendment) Rules, 2016 amended
the Income-tax Rules, 1962 to substitute the
existing clause 13(d) in Part B of the existing
Form No 3CD. Tax auditor has to 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 if answer is in affirmative, clause
13(e) requires the details of adjustment to be
tabulated ICDS wise.
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