Revised schedule vi

This query is : Resolved

chauhan devendra (Querist)
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26 February 2013 HELLO FRIENDS,

Pls tell me about applicability of Revised Schedule VI.

Whether it is applicable for Trading Business..

I am doing job in BAJAJ SHOWROOM, trading in BAJAJ MOTORBIKE..

So pls tell me Revised Schedule VI is applicable to BAJAJ SHOWROOM..

Its urgent..

Thanks....

Have a nice Day...

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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26 February 2013 The New Schedule VI is applicable to all companies for financial statements prepared for financial year commencing on or after 01.04.2011 except banking, insurance and electricity companies which are governed by their own reporting formats under the respective pronouncements. If you fall in above definition Revised Schedule VI will be applicable.