Vikas Marele (CA in Service) (1144 Points)
29 March 2011Dear CCI Members,
As you are aware, the Ministry of Corporate Affairs (MCA) had earlier
announced on its website that the revised Schedule VI is applicable
from the financial year 2010-11 onwards. On 25 March 2011, the MCA has
changed this note on the website to state that the revised Schedule VI
will apply from 1 April 2011. However any formal
circular/notification not yet seen on the MCA website.
K Mohamed Ibrahim
(Company Secretary)
(104 Points)
Replied 29 March 2011
In the first phase, Companies with a paid up capital of over 5 croes will be required to prepare the revised Schedule.
CA Monshi Dedhia
(Manager)
(37 Points)
Replied 31 March 2011
Revised Schedule VI will apply on Financials prepared on 1st April 2011 and after.
Notification attached.
Sowmya P K
(Chartered Accountant)
(251 Points)
Replied 12 April 2011
Hi Monshi
The notification attached by u doesnt have a date.....
?
CAclubindia
