Guidance notes vs. schedule vi
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 February 2012
Hi All,
Please help....
what if there is contradiction between Guidance Notes issued by ICAI and Revised Schedule VI.Which one will prevail.??
Thanks in Advance
Please help....
what if there is contradiction between Guidance Notes issued by ICAI and Revised Schedule VI.Which one will prevail.??
Thanks in Advance
13 February 2012
NEW SCHEDULE VI:-
GENERAL INTRUCTION (To Schedule as a whole)
GENERAL INTRUCTION FOR PREPARATION OF BALANCE SHEET AND PROFIT AND LOSS ACCOUNT OF COMPANY IN ADDITION TO THE NOTES INCORPORATED
1) Schedule shall stand modified for compliance with Act including Accounting Standards.
GENERAL INTRUCTION (To Schedule as a whole)
GENERAL INTRUCTION FOR PREPARATION OF BALANCE SHEET AND PROFIT AND LOSS ACCOUNT OF COMPANY IN ADDITION TO THE NOTES INCORPORATED
1) Schedule shall stand modified for compliance with Act including Accounting Standards.
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