Revised new schedule 6

This query is : Resolved 

26 September 2012 Dear sir,
whether revised new schedule vi will apply to all companies i.e public & private companies is any restriction on authorised capital

please clarify

thanking you


26 September 2012 Revised schedule VI is not applicable to banking, insurance, electicity companies and those for which a form of B/S and P & l a/c has been specified in or under any other act governing such class of company meaning thereby all other companies are covered irrespective of the amount of authorised capital.

27 September 2012 W.e.f. 01/04/2011 revised schedule VI has been applicable to all such companies whether private or public to whom schecule VI is applicable.

28 September 2012 Thanks for your reply


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