Applicability of Revised Schedule VI

This query is : Resolved 

09 March 2011 Is the revised Schedule VI issued recently applicable for FY 2010-11. If yes then please let me the notification which states about its applicability. If no, the how can one understand from when is it applicable

26 March 2011 It has been confirmed that Ministry of Corporate Affairs while addressing the Council of ICAI on 24/03/2011 has agreed to postpone the applicability of the new Schedule VI to 2011-12. Details will be uploaded to MCA site soon.

27 March 2011 http://www.mca.gov.in/

See from above link. It has been notified at MCA website.

Revised Schedule VI
Revised Schedule VI shall be effective from 01.04.2011


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