In AY 2018-19 the IT Department added New schedule Balance sheet - Ind AS and P&L A/c. Ind AS in ITR - 6 form.
My query is whether we need to fill two BS and PL or one...
If one means who or what kind of entity need to fill it...?
The Part A-BS and Part A-P&L :::
The Balance Sheet as on 31st March, 2018 and the profit and loss account for financial year 2017-18 in the formats provided in these parts have to be filled in respect of business or profession carried out during the financial year 2017-18 if required to maintain accounts of the business or profession during the year.
The Part A-BS-Ind AS and Part A-P&L-Ind AS are applicable in case of a company whose financial statements are drawn up in compliance to the Indian Accounting Standards (Ind AS) specified in Annexure to the Companies (Indian Accounting Standards) Rules, 2015
The Part A-BS and Part A-P&L in general .......... unless for a company whose financial statements are mandatorily drawn up in compliance to the Ind AS.
My Pleasure ......
In My case we have filed the IND As financials and recieved notice stating we have not filed Part A BS and PL
Rahul Dang & Associates-Chartered Accountants
Pune
CA Inter
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