Rrevised schedule vi

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ANJALI NEGI

ANJALI NEGI (Querist)
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20 November 2012 Hello Frnds, Where to classify the proposed dividend as per revised schedule vi?????

Amol S Joglekar

Amol S Joglekar (Expert)
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20 November 2012 To insert additional line items where ever find necessary. CURRENT liabilities.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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20 November 2012 Dr. T.P.Ghosh, says in page 145 of the book 'Taxman's Illustrated Guide to Revised Schedule VI' that "it is perhaps sufficient to segregate proposed dividend within the head Reserves and Surplus".

Amol S Joglekar

Amol S Joglekar (Expert)
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20 November 2012 CURRENT versus NON CURRENT is the key of revised schedule VI. If Proposed dividend is current in nature, group it accordingly. Else what Warrier has said is absolutely correct.

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