Applicability of schedule vi

If headoffice is a company schedule VI is applicable.

Hey Akanksha,

the sch VI is prescribed by companies act. hence applies only to companies and not to partnership firms.

yes in case of dept and branch a/c, if it is a company, it is reqd to follow sch vi and accordingly sch vi will apply

@ Praneeth : Thank you so much :)
@ Ankit : Thanks a tonne :D 

you are welcome Akanksha.......

Here is the format of revised schedule VI & notes thereon.