Revised sch vi
This query is : Resolved
03 August 2012
Respected Experts,
Pls advise whether rounding off is complusorily required in revised sch vi, whether it is applicable to small pvt.ltd companies also?
Pls advise whether rounding off is complusorily required in revised sch vi, whether it is applicable to small pvt.ltd companies also?
03 August 2012
Rounding off is NOT mandatory. The compamy can prepare Financial Statments with full figures.
However, if it opts for rounding off, it has to follow the procedure specified in Revised Schedule VI.
However, if it opts for rounding off, it has to follow the procedure specified in Revised Schedule VI.
04 August 2012
I also agree to what Mr. Siddhartha Bhardwaj said. As per the revised sch VI, rounding off is only a facility.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- Applicable TDS rate for sale of property in Nov 2024
- Donation Receipt u/s 80G
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
Trending Online Classes
CAclubindia
