Applicability of revised schedule vi

COMPANY INCORPORATED ON 23/3/2011 .PREPARING ITS FINANCIAL STATMENT FROM 23/3/2011 TO 31/3/2012 . WHETHER REVISED SCH VI IS APPLICABLE.  PLEASE GIVE LOGICAL REPLY FROM SUPPORTING EVIDENCE.

Replies (3)

Revised Schedule 6 is applicable from F.Y. 2011-12 OR A.Y. 2012-13. So in that case you are requied to prepare.

yes Revised schedule Vi is applicable from 2011-12 onwards so it would be applicable evn though ur financial year starts before 1.4.2011.....

Yes revised schedule is applicable...

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