Schedule VI

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

04 March 2011 Whether the new Schedule VI has come into force and if yes effective which date. If you can provide me the notification no and date of this notification.

Gaurav Makkar

Gaurav Makkar (Expert)
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04 March 2011 This revised Schedule VI has been framed as per the existing non-converged Indian Accounting Standards notified under the Companies(Accounting Standards),Rules, 2006 and has nothing to do with the converged Indian Accounting Standards. This will apply to all the companies uniformly for the financial statements to be prepared for the financial year 2010-11 and onwards