New Schedule VI – New Balance Sheet and Profit and Loss A/c format applicable from F.Y. 2011-12

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Company Law : Section 642 of the Companies Act, 1956 – Schedules, forms and rules – Power of Central Government to make rules – Amendment in Notification No. S.O. 447(E), dated 28-2-2011

NOTIFICATION [F. NO. 2/6/2008-C.L-V], DATED 30-3-2011

In exercise of the powers conferred by clause(a) of sub-section(1) of section 642 read with sub-section(1) of section 210A and sub-section (3C) of section 211 of the Companies Act,1956, (1 of 1956), the Central Government hereby makes the following amendment to paragraph 2 of the notification No.447(E) dated the 28th February, 2011:-

“The notification shall come into force for the Balance Sheet and Profit and Loss Account to be prepared for the financial year commencing on or after 1.4.2011″.