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Effect of change in schedule 6 of companies act - help

Others 1203 views 1 replies

HI,EVERYONE.

 

PLEASE TELL ME THIS THAT WHETHER THE CHANGES IN SCHEDULE-6 OF BALANCE SHEET AND PROFIT & LOSS ACCOUNT IS GOING TO EFFECT THE ANSWERS OF HOLDING COMPANY,AMALGAMATION,CORPORATE  RESTRUCTURING QUESTIONS OR ONLY THE FORMAT OF BALANCE SHEET AND PROFIT &LOSS ACCOUNT WILL CHANGE IN THESE QUESTIONS.PLEASE REPLY ME

Replies (1)

Dear student, Revised Schedule VI is not applicable for Nov. 11 examination. However, whenever it will be made applicable, yes the format of presentation of the financial statements will only be as per Revised schedule VI

                                       this answer is from e-Sahaayataa Team, ICAI


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