Regarding revised schedule 6
This query is : Resolved
23 June 2012
AS PER NEW REVISED SCHEDULE 6 , PRELIMINARY EXPENCES WILL NOT BE SHOWN IN BALANCE SHEET FOR TH F.Y. 2011-12 THEN WHAT TO DO WITH PRELIMUNARY LYING WITH PREVIOUS BALANCE SHEET
23 June 2012
They are similar to unamortised expenditure and has to be grouped under 'Other assets'
portion to be expensed in next 12 months in current assets and balance in non current assets.
portion to be expensed in next 12 months in current assets and balance in non current assets.
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