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Query about revised format of schedule vi

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Querist : Anonymous (Querist)
05 June 2012 What is Exceptional items in P/L Account in Schedule VI of Companies Act? Give some Examples of Exceptional items, Plz As soon as.....
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
06 June 2012 1) Write down of inventories to net realizable value.
2) Disposals of items of fixed assets.
3) Litigation settlements.
4) Reversals of provisions.
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