Revised schedule vi
This query is : Resolved
truptesh ramesh dange
(Querist)
26 November 2012
I WANT TO KNOW WHERE TO SHOW COMPANY F.Y. PROFIT IN REVISED SCHEDULE VI UNDER RESERVE & SUPLUS WHETHER UNDER THE HEAD REVALUATION RESERVE, PLEASE GUIDE ME
Amol S Joglekar
(Expert)
26 November 2012
profit to be shown under the name profit and loss account... under reserves and surplus.
CA Kishore Tallam
(Expert)
26 November 2012
Under R&S, you need to disclose in following way:
Surplus:
Balance as per last FSs XX
Add: Profit for the year XX
Closing Balance XX
Surplus:
Balance as per last FSs XX
Add: Profit for the year XX
Closing Balance XX
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