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Revised schedule vi

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(Querist)
07 April 2012 Dear Experts,
Kindly Let me know where to put Selling Expenditure Amount in revised Schedule VI
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CA CS Amit S. Kedia

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CA CS Amit S. Kedia (Expert)
07 April 2012 You can put it under the group "Selling & Distribution Exp" on the face of the PNL.
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Dhruvin Shah

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Dhruvin Shah (Querist)
07 April 2012 but the revised format which i have download from net it doesn't show Selling & Distribution Exp in the face of the PNL
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Dhruvin Shah

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Dhruvin Shah (Querist)
07 April 2012 so it is fine na if i will added new had in the face of PNL
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Dhruvin Shah

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Dhruvin Shah (Querist)
07 April 2012 Mr. Amit also tell me where to put amount of Preliminary Exp. in Balance Sheet as per Revised Schedule VI
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CA CS Amit S. Kedia

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CA CS Amit S. Kedia (Expert)
07 April 2012 Yes, you can add according to your company.
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Dhruvin Shah

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Dhruvin Shah (Querist)
07 April 2012 Thank Mr. Amit and what about Preliminary Expenses
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Dhruvin Shah

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Dhruvin Shah (Querist)
07 April 2012 Thank Mr. Amit and what about Preliminary Expenses
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CA CS Amit S. Kedia

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CA CS Amit S. Kedia (Expert)
07 April 2012 It would be classified under " other current Assets".
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CA Sachin D Jain

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CA Sachin D Jain (Expert)
09 May 2012 Classified under "other current asset" is amortised within 12 months, otherwise under "other non-current assets". Pl take care of AS-26, while carrying forward such kind of expenses.

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