Accounts schedule vi

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

22 March 2012 can any 1 provide me detail explanation about changes in schedule VI

or provide a comparative study on new vs old schedule VI

or any other matter related with dat.

C A S.S.Agarwal, M.Com.,LL.B,

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
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23 March 2012 The revised Schedule VI has been framed as per the Existing non-converged Indian Accounting Standards notified under the Companies (Accounting Standards), Rules, 2006. This will apply to all the companies uniformly for the financial statements to be prepared for the financial year 2010 – 11 and onwards. This revised Schedules VI is not relevant to the converged Indian Accounting Standards.

The revised Schedule VI is available on MCA Website at http://www.mca.gov.in/Ministry/pdf/Schedule_VI_28feb2011.pdf