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Finalisation of b shet 31-03-2014

This query is : Resolved 

15 June 2014 SIR,
I am finalising Balance sheet of Pvt ltd for 31-03-2014. i want to know which provisions should apply whether Co act,1956 or 2013. As for Depreciation etc..
pvov v for Co ACt13 when to be applied ?

Jayesh shah

15 June 2014 companies act 1956 and related schedules shall apply on FY 2013-14 financial statements.

Companies act 2013 shall apply on financial year stating 1 April 2014.

15 June 2014 please refer blogs.makarandlele.in/2014/04/05/applicability-of-companies-act-2013-to-the-fy-2013-14/

15 June 2014 only from 1.4.2014 onwrds for all fy co act 2014 shall be applicable..


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