Schdule-vi
This query is : Resolved
14 February 2012
Dear Sir
In new format of Schdule VI
HEAD-P/L LOSS show in which head in balace sheet.
(1) Non-current assets
(a) Fixed assets
(i) Tangible assets
(ii) Intangible assets
(iii) Capital work-in-progress
(iv) Intangible assets under development
(b) Non-current investments
(c) Deferred tax assets (net)
(d) Long term loans and advances
(e) Other non-current assets
Thanking You
Punit Kumar Bhansali
09239221477
EROo121375
CA Final Student
In new format of Schdule VI
HEAD-P/L LOSS show in which head in balace sheet.
(1) Non-current assets
(a) Fixed assets
(i) Tangible assets
(ii) Intangible assets
(iii) Capital work-in-progress
(iv) Intangible assets under development
(b) Non-current investments
(c) Deferred tax assets (net)
(d) Long term loans and advances
(e) Other non-current assets
Thanking You
Punit Kumar Bhansali
09239221477
EROo121375
CA Final Student
16 February 2012
As per Revised Schedule VI, debit balance of Statement of Profit and Loss is NOT to be shown on the asset side.
The debit balance shall be shown as a negative balance under Reserves & Surplus.
The debit balance shall be shown as a negative balance under Reserves & Surplus.
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