- As per the amendment, revised schedule VI will be applicable from Nov 2012 onwards for IPCC exams.
- So the revised schedule VI shall come into force fot the balance sheet and profit and loss account.
- My doubt is should we have to prepare balance sheet and P & L account as per revised Schedule VI for only company accounts or for all the chapters( where we required to draw B/S and P & L account ).
- And is it applicable only to paper -1 accounts or for both, paper -1 accounts and paper-5 advanced accounting.
Menu
Schedule vi
Replies (2)
revised schedule is apllicable on companies(private and public) ,so those chapter relating to companies require revised schedule ,not aplicable for partnership ,sole owner ....and in paper five not apllicable on banking ,insurnce,electricity etc
Thankyou Manoj Chopra.
Recent Threads
- A Restaurant registered under the Composition Sche
- GST RATE OF OUT DOOR CATERING
- Non resident taxation & income tax in India
- GST Rate for oral Hygiene Combo Pack
- GST registration - Address error
- TDS on property pu
- Import of goods IMS action related
- Incometax Survey - Updated Return Filing after the
- TCS under 206C(1F)
- Effect on Cost of Control when Bonus Issue is from
Related Threads
CAclubindia
