Applicability of Revised Schedule VI

[CA Rachit Agarwal]

MCA has notified both Revised Schedule VI.

Kindly confirm the applicability date with the notifications.

As appearing the MCA web site, the same would be applicable for the Financial Statement 2010-11, however notifications missing.

[Rakesh Chitkara]

It is applicable for the FY 2010-11.

[CA Rachit Agarwal]

Kindly provide the notification issued by MCA for the applicability of Revised Schedule VI.

AI Summary

Debate Over Revised Schedule VI's Applicability for FY 2010-11; Participants Seek Official MCA Notification for Clarity. A discussion on the applicability of the Revised Schedule VI was initiated, questioning its effective date as per the Ministry of Corporate Affairs (MCA) notifications. It was mentioned that the Revised Schedule VI applies to the financial statements for the fiscal year 2010-11, but the specific notifications were not found. A participant confirmed its applicability for FY 2010-11, while the initiator requested the official notification from MCA to substantiate this applicability.