will revise shedule vi applicable to electricity company
5 Replies
Deepak Gupta
(CA Student)
(15922 Points)
Replied 04 November 2012
| Originally posted by : pooja | ||
 |
will revise shedule vi applicable to electricity company |
 |
As such, u/s 211(1) & (2) Proviso, Sch VI (R) is not applicable to any Insurance / Banking / Electricity Companies.
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However, for Companies engaged in the generation and supply of Electricity, there is no prescribed format for presentation of Financial Statements, either in the Electricity Act, 2003, or the Rules framed thereunder.
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Sec.616(c) states that the Companies Act will apply to Electricity Companies, to the extent it is not contrary to the requirements of the Electricity Act. Hence, Sch VI (R) may be followed by Electricity Companies till the time any other format is prescribed by the relevant statute.
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/forum/revised-schedule-vi-for-electricity-company-225951.asp
CS RAJESH C.CHOUDHARY
(ASSISTANT MANAGER)
(14607 Points)
Replied 04 November 2012
No Revise schedule to Electricity comp
Regards,
RAJESH CHOUDHARY
alpesh patel
(accountant)
(33 Points)
Replied 05 November 2012
Dear Sir,
we are in gujarat state, i want to konw about c form , please provide me model of c form
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