Revised schedule vi

Stat Audit 2174 views 3 replies

As per the Revised Schedule VI

Where & How should  " loss on sale of fixed Assets "

shall be disclosed

Thanx in advance

Replies (3)

It shall be disclosed under "other expenses".

the net  profit/(loss) from sale of fixed assets should be presented in the statement.

 

Where & How should  " loss on sale of fixed Assets " in P & L Statement ( As per Revised Sch. VI)


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