Where I show Misc Expenditure not written off in the balance sheet as per Revised Schedule VI of Companies Act,1956
...................??????
CA Vanamala Phani Kumar (Proprietor of M/s Vanamala and Co) (972 Points)
28 December 2011Where I show Misc Expenditure not written off in the balance sheet as per Revised Schedule VI of Companies Act,1956
...................??????
Yogesh Bhandari
(CA FINAL Student)
(429 Points)
Replied 28 December 2011
It will be shown in Assets side under the head Non- current Assets......,, but please check the relevant AS 26 for misc. expenditure whether to be shown in Balance Sheet or not..
Subramanya
(in practice)
(109 Points)
Replied 29 December 2011
Hi,
Go wid dis for the new format...
https://s3.amazonaws.com/caclubindia/files/share_files/32_schedule_vi_28feb2011.pdf
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