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Q. > Please Help: REVISED SCHEDULE VI
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435 views • Question added Apr 18, 2012 • Accounts • By Vikas Jindal , CA , Sonipat


I WANT TO KNOW WHETHER REVISED SCHEDULE VI IS APPLICABLE FOR PREPARATION OF FINANCIAL STATEMENTS FOR FINANCIAL YEAR 2011-12

4 Answers

answered Apr 21, 2012 by Mrattunjay , New Delhi

For your kind information - there is no revised schedule VI.
Only new schedule VI for what you are asking the question.
Yes, New schedule VI is applicable for presentation of financial position of books of any concern concerning Financial year 2011-2012


answered Jul 01, 2012 by Rambabu Senkarasetti , Guntur

yes it is applicable


answered Jul 01, 2012 by Rambabu Senkarasetti , Guntur

yes it is applicable


answered Jul 01, 2012 by Rambabu Senkarasetti , Guntur

yes it is applicable


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Tanvi Rustagi

19-Apr-2012 , 09:20:44 pm

yes, it is applicable for the financial year 2011-12

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Vikas Jindal

24-Apr-2012 , 06:19:01 pm

thkx Mrattunjay and and Tanvi.......... I also want to know whether new Schedule VI is applicable on all companies or there is some restrictions because one of my friend has said that new schedule is applicable only to those companies which has turnover of more than rs. 50crores..... PLEASE CLARIFY THIS ISSUE

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deepanshu goyal

27-Apr-2012 , 02:02:18 pm

YES IT IS APPLICABLE FOR FINANCIAL REPORTING PURPOSE FOR YEAR 2011-12

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Intezar Ahmed

18-May-2012 , 12:57:21 pm

Very true from Mr. Mrattunjay.

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