Revised schedule vi imp qs

Vineet (B.Com - CS Final - Tax Analyst)   (31 Points)

26 May 2013  

Hi guys,

I just wanted to know that If the students will be required to follow the revised schedule VI for the upcoming CS exams ? Or is it fine if we even prepare the Balance Sheet and P&L Account as per the old format ? Because at present I am getting confused with the revised schedule VI esp with the P&L Statement. . .

So, I want to know that in case we prepare the BS & P&L acc in the old format, are we eligible to get marks or is it mandatory that we need to follow the new one ?

Thanks