Revised schedule

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naga raju (Querist)
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14 November 2012 Dear Sir

"In the Old Schedule VI, details of only capital commitments were
Required to be disclosed. Under the Revised Schedule VI, other commitments
Also need to be disclosed"

In the above sentence what is mean by other commitments. I want an example.

Thanks
nagaraju

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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15 November 2012 Other commitments includes -

i) long term contracts for purchase of raw material,
ii) employee contracts,
iii) lease commitments
iv) contractual commitments for services, investments, sales etc.

Courtesy :- ICAI Guidance note.

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