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Revised schedule vi

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Querist : Anonymous

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Querist : Anonymous (Querist)
20 August 2012 Under which head Preliminary exp written off for the Current FY is to be shown in the Inome statement as per the requirment of Schedule VI ?
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CA CS Amit S. Kedia

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CA CS Amit S. Kedia (Expert)
20 August 2012 Preliminary expenses written off can be shown under "other expenses" on the face of the statement of Profit & Loss.
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CA Ayush Agarwal

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CA Ayush Agarwal (Expert)
20 August 2012 Yes, There is No Such Condition Placed in Revised Schedule.
Where No Such Specified about any head, then that head u can show as per ur understanding.
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SANYAM ARORA

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SANYAM ARORA (Expert)
20 August 2012 Agreed with the above reply
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