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partnership audit

CA Final 287 views 4 replies
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9 Points Posted on 03 September 2018
does partnership firm need to prepare financial statement as per schedule 3??

regards
harshit sharma
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On 03 September 2018 at 16:44 Report
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Finance Manager
106 Points Posted on 03 September 2018
schedule III as given in comp. act 2013.
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On 03 September 2018 at 17:33
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Chartered Accountant
2195 Points Posted on 03 September 2018
No not required.... U can go head with T shape Balance sheet
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On 03 September 2018 at 21:12
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Hi @ praveen sir - What if turnover of PF exceeds 100Crs in a F.Y. ? does that make any difference ?

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On 04 September 2018 at 12:32
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94 Points Posted on 12 September 2018
since sch 3 is applicable only for companies
no question of preparing financial as per sch 3
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On 12 September 2018 at 20:42


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