A Pvt ltd Co. having only share capital,cash balance,P&L Dr balance, than does it need to show NIL/0 in rest of places(Current liability,Non current liability,Fixed assets) in sch III or no need to show them in balance sheet under sch III ?? Thanking you in advance
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Schedule iii - urgent
Replies (3)
Yes... with NIL value....
heading is enough
Thank u MR. Gourav for your reply
But just to confirm cant we just show only relevant heads as follows, bcoz as far as i recollect we are just required to show what is relevant for us as per as books subject to confirmation:-
liability
Share Capital (for eg) 500000
Total 500000
Assets
Cash and bank 500000
Total 500000
Thank you
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