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
ashish gupta
( student)
(1922 Points)
Replied 13 April 2012
No it has to be shown on face of the face of balance sheet as per revised schedule vi
Kalyani
(job)
(26 Points)
Replied 13 April 2012
Can you please specify the date from which it will be applicable.
ashish gupta
( student)
(1922 Points)
Replied 13 April 2012
It is applicable from Ist April 2011 so all balance sheets now will be as per revised schedule Vi only
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