Annual reports of pvt ltd as per revised schedule vi
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 May 2013
iS IT MENDETORY TO PREPARE BALANCE SHEET AND ROFIT& LOSS ACCOUNT OF PVT LTD AS PER REVISED SCHEDULE vi IN HUNDERED FORMET?
28 May 2013
It is not compulsory to apply rounding off
and a company can continue to disclose full figures while preparing financial statements and notes on accounts.
Please refer clause 6.14 of ICAI publication viz., 'Guidance note on the revised schedule VI to the Companies Act,1956'.
and a company can continue to disclose full figures while preparing financial statements and notes on accounts.
Please refer clause 6.14 of ICAI publication viz., 'Guidance note on the revised schedule VI to the Companies Act,1956'.
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