Selling & Distribution exp in Rev Sch vI

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Dear Friends,

        Please clarify where we have to show Selling & Distribution Expenses  in Revised Sch Vi of Companies Act .

 

Thanking You.

Replies (3)

hi,

     it shal be disclosed in other expenses as per revised schedule six

regards

sripal jain

Minimum information on the face of statement of profit and loss

On the face of statement of profit and loss, ‘revenue from operations’ and ‘other income’ are to be presented along with the total of the two, i.e., ‘total revenue’. ‘Expenses’ are to be presented as under:

--Cost of materials consumed

--Purchases of stock-in-trade

--Changes in inventories of finished goods, work-in-progress and stock-in-trade

--Employee benefits expense

--Finance costs

--Depreciation and amortisation expense

--Other expenses

--Total expenses.

so as per the classification of minimum information,u shal disclose in other expenses

thanks....


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