Schdule-vi

This query is : Resolved

PUNIT KUMAR BHANSALI (Querist)
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14 February 2012 Dear Sir

In new format of Schdule VI
HEAD-P/L LOSS show in which head in balace sheet.
(1) Non-current assets
(a) Fixed assets
(i) Tangible assets
(ii) Intangible assets
(iii) Capital work-in-progress
(iv) Intangible assets under development
(b) Non-current investments
(c) Deferred tax assets (net)
(d) Long term loans and advances
(e) Other non-current assets

Thanking You
Punit Kumar Bhansali
09239221477
EROo121375
CA Final Student

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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16 February 2012 As per Revised Schedule VI, debit balance of Statement of Profit and Loss is NOT to be shown on the asset side.

The debit balance shall be shown as a negative balance under Reserves & Surplus.