Singing of balance for the financial year ended 31.03.2014
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
22 May 2014
singing of balance govern by companies act 2013 or companies act 1956 for the financial year ended 31.03.2014
CA Sumit Arora
(Expert)
22 May 2014
For f.y 2013-14, companies act, 1956 is applicable. We have to adhere to the provisions of companies act, 1956 for the matters concerning balance sheet. Institute of chartered accountants as well MCA has clarified the same.
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