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    <title>Exemption to certain classes of companies from disclosing in their profit and loss account from certain information in terms of Part – II of Schedule – VI</title>
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    <description>Specified classes of companies may omit designated Part II Schedule VI disclosures in the profit and loss account where the board approves non disclosure, the notes record the exemption, Accounting Standards are complied with, financial statements remain true and fair, regulators may still require information, and foreign currency is translated at closing rate; for manufacturing, multiproduct and trading firms the concession applies only to items individually below ten percent of the relevant aggregate.</description>
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      <description>Specified classes of companies may omit designated Part II Schedule VI disclosures in the profit and loss account where the board approves non disclosure, the notes record the exemption, Accounting Standards are complied with, financial statements remain true and fair, regulators may still require information, and foreign currency is translated at closing rate; for manufacturing, multiproduct and trading firms the concession applies only to items individually below ten percent of the relevant aggregate.</description>
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