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Balance sheet formats

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01 May 2014 WHETHER THE FINAL A/Cs OF PRIVATE COMPANIES WILL BE MADE AS PER THE FORMAT GIVEN IN REVISED SHEDULE SIX OF COMPANY ACT 1956 OR AS PER NEW COMPANY ACT 2013.
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
01 May 2014 No change in format of Balance Sheet.

Schedule III of Companies Act 2013 is similar to Revised Schedule VI under Companies Act , 1956. However, there is an additional format and guidance for preparation of Consolidated Financial Statements.

Check page no 266 onwards of Bare Act from below link--

https://www.mca.gov.in/Ministry/pdf/CompaniesAct2013.pdf
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