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Revised schedule vi

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 January 2013 Is new schedule VI applicable to consolidated balance sheet as well?
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
29 January 2013 The revised Schedule VI is silent on the applicability to the consolidated financial Statements. However, it would be prudent to adopt revised Schedule VI while preparing the consolidated financial statements as well.
Ref:- AS-21.
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