Revised schedule vi


This query is : Resolved 

20 December 2012 plz give treatment of Differed Revenue Exp. in Re. Sch. VI.
If there is bal. in Differed Revenue Exp. as per old Sch. VI then what would be the effect in Re. Sch. VI...

Abhijit (Expert)
20 December 2012 All deferred revenue exp. should be taken into account in current year so there will be no balance in deferred revenue account as per revised Schedule VI.

22 December 2012 Thanx sir....


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