Dear All
what will be the treatment for taking on record the accounts prepared in revised schedule VI in unlisted public company, when earlier they were prepared in the old format and already approved by the board of directors.
Regards
Anshu
Anshu Shrivastava (company secretary) (143 Points)
17 October 2012Dear All
what will be the treatment for taking on record the accounts prepared in revised schedule VI in unlisted public company, when earlier they were prepared in the old format and already approved by the board of directors.
Regards
Anshu
CS Ankur Srivastava
(Company Secretary & Compliance Officer)
(17853 Points)
Replied 17 October 2012
It has to be prepared and audited in revised schedule VI w.e.f. 01/04/2011. In case of such a blunder, it is to be duly noted in the Board Meeting and results are to be prepared in revised schedule VI and get them audited.