Dear experts,
If a sub head in the revised schedule v1 is NIL, then the sub head itself can be deleted or it should be shown as nil
N.Naveena Maheswara Rao
(Assistant manager for accounts)
(1096 Points)
Replied 30 June 2012
We can delete that sub head. There is non need to disclose it ( Same as old schedule VI)
CA Nirav Pandya
(Assisting to manager accounts)
(44 Points)
Replied 16 July 2012
I do agree with Naveena, but if you wish to show it as "nil" there is nothing wrong in it.
ruchika
(CA)
(26 Points)
Replied 04 August 2012
m petty confused .....new schedule six will apply to which asssessmant year
CAclubindia
