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Deferred tax accounting

Others 721 views 4 replies

Hi Pals,

 

Can  anyone explain "Whether deferred tax can be shown in the Notes to Accounts instead of showing on the face of the Balance Sheet?"

Thanks in advance.

 

LaKshmi kalyani

 

Replies (4)

No it has to be shown on face of the face of balance sheet as per revised schedule vi

Can you please specify the date from which it will be applicable.

It is applicable from Ist April 2011 so all balance sheets now will be as per revised schedule Vi only

Thanks Ashish


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