CA. NITIN GARG (CA, MBA-FINANCE) (150 Points)
10 July 2012sirf presentation mai change hai... calculation mai kaise hoga..... meaning to kisi ka change nahi huya
Vikram Bhatia
(CA Final)
(122 Points)
Replied 10 July 2012
presentation of Schedule VI is classified between current & non current.
Now trade receivables can be classified as non current also.
Now demand loan will be shown in current liabilities..
interest on Income tax will be included in Financial chgs.
bcos of these presentation changes current ratios and financial ratios will be changed.
I think you should read Schedule VI more deeply... i m sure it will remove ur all myths.
CAclubindia
