Major differences - Revised Schedule VI vs. Old Schedule VI

Page no : 2

neha (-) (232 Points)
Replied 20 March 2011

thanks alot sir...

Rahul (CA Practice ) (1818 Points)
Replied 20 March 2011

Thanks for sharing. The worst part is that we need to revise the grouping of the previous reporting period while preparing the excel linked financials for Audit Purposes.

Rahul (CA Practice ) (1818 Points)
Replied 20 March 2011

Adding to above, earlier Schedule VI had an overriding power on Accounting Standards while now Accounting standards have an overriding power over Schedule VI.

Sandeep (Judge) (21 Points)
Replied 22 March 2011

Thanks for sharing..

CA Aniruddha A Ghude (Partner- Kohale Ghude & Associates) (51 Points)
Replied 27 May 2011

Thanks CA Navin,

I hope many ppl ll make best use of this table for updation of knowledge.

shivani goyal (DELHI) (21 Points)
Replied 01 June 2011

THANKS FOR A NICE ANS...............

mWazz (CA-Final) (473 Points)
Replied 14 June 2011

Thanks Sir..

NM Omprakash (Sr.Manager Forex & Treasury) (22 Points)
Replied 29 June 2011

Very useful

CA Richa Jain (CA) (21 Points)
Replied 04 September 2011

Thanks for this information....

yuvraj kathuria (hissar) (53 Points)
Replied 13 January 2012

thxx fr sharing this sir..

CA Akashdeep Singh (Assistant Manager - Finance) (52 Points)
Replied 09 February 2012

Thank u very much Nitin..

Mani.V (C.E.O) (79 Points)
Replied 09 February 2012

Thank You Sir.

Sunit Pareek (Student(final)-Article) (93 Points)
Replied 13 February 2012

we are to break the Assets into Current and Non-Current. What is your opinion on Liabilities. Suppose we have a borrowing, in which a part is to be paid in the Current Year (wihtin 12 months) and remaining later. Should we show that separately as Current & Non-current or the full amount as non-current?