sirf presentation mai change hai... calculation mai kaise hoga..... meaning to kisi ka change nahi huya
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Revised schdule 6 effects on financial reportinf final paper
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presentation of Schedule VI is classified between current & non current.
Now trade receivables can be classified as non current also.
Now demand loan will be shown in current liabilities..
interest on Income tax will be included in Financial chgs.
bcos of these presentation changes current ratios and financial ratios will be changed.
I think you should read Schedule VI more deeply... i m sure it will remove ur all myths.
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