Format of Revised Schedule VI to the Companies Act 1956
The revised Schedule VI has been framed as per the existing non-converged Indian Accounting Standardsnotified under the Companies (Accounting Standards), Rules, 2006 and has no connection with the converged Indian Accounting Standards.
The revised Schedule VI will apply to all the companies uniformly for the financial statements to be prepared for the financial year 2010-11 and onwards. The text of the revised Schedule VI is available athttp://www.mca.gov.in/ .
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