Revisedsch vi

definately if it seems that the work will be completed before the next reporting date..

dear sudhir,

as per revised sch vi if liability is held for the purpose of being trade, than it will be shown as current lialities.............and for construction companies it is their trade liablitiy................so i just want to know whether it is sufficient enough to qualify as current liablities or not............

pls. support your reply with evidence if available.....

Thanks