Major difference between schdl 3and schl 6

Final 6721 views 1 replies

Anyone can help us out with difference between presention of Financial Statement by Schedule 3 and Schedule 6 ???

 

 

Thanks

 

Replies (1)

The format for preparation and presentation of financial statements as per Schedule III of the Companies Act, 2013 is almost the same as that of Revised Schedule VI notified under Companies Act, 1956.
.
However in statement of profit and loss, the company shall disclose the following as an additional information [which was not required to be disclosed under the Companies Act 1956].
.
A Company shall disclose by way of notes additional information regarding aggregate expenditure and income on the following items –
.

(a) ……………….

(b) ……………….

(k) In case of companies covered u/s 135, amount of expenditure incurred on corporate social responsibility activities.
.
Besides this, there is an addition of general instructions for preparation of consolidated financial statements (CFS) under Schedule III of the Companies Act, 2013.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details