The Central Government, in exercise of the powers under section 641(1) of the Companies Act, 1956 has replaced the existing Schedule VI with the revised Schedule VI on the 28th February, 2011 pertaining to the preparation of Balance Sheet and Profit and Loss Account under the Companies Act, 1956.

Revised Schedule VI FormatThis revised Schedule VI has been framed as per the existing non converged Indian Accounting Standards notified under the Companies (Accounting Standards), Rules, 2006. The Revised Schedule VI 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.

Format of the Revised Schedule VI – Balance Sheet

Part I: Form of Balance Sheet
Name of the Company
Balance Sheet as at 31 March, 20X2
ParticularsNote No.As at 31st March 20X2As at 31st March, 20X1
Rs.Rs.
AEQUITY AND LIABILITIES
1Shareholder’s Fund
(a) Share capital
(b) Reserves and surplus
(c) Money received against share Warrants
2Share application money pending allotment
3Non-current liabilities
(a) Long-term borrowings
(b) Deferred tax liabilities (net)
(c) Other long-term liabilities
(d) Long-term provisions
4Current liabilities
(a) Short-term borrowings
(b) Trade payables
(c) Other current liabilities
(d) Short-term provisions
TOTAL
BASSETS
1Non-current assets
(a) Fixed assets
(i) Tangible assets
(ii) Intangible assets
(iii) Capital work-in-progress
(iv) Intangible assets under development
(v) Fixed assets held for sale
(b) Non-current investments
(c) Deferred tax assets (net)
(d) Long-term loans and advances
(e) Other non-current assets
2Current assets
(a) Current investments
(b) Inventories
(c) Trade receivables
(d) Cash and cash equivalents
(e) Short-term loans and advances
(f) Other current assets
TOTAL

Format of the Revised Schedule VI – Profit and Loss account

Part II – Form of Statement of Profit And Loss
Name of the Company
Statement of Profit and Loss for the year ended 31 March, 20X2
ParticularsNote No.As at 31st March 20X2As at 31st March, 20X1
Rs.Rs.
ACONTINUING OPERATIONS
1Revenue from operations (gross)
Less: Excise duty
Revenue from operations (net)
2Other income
3Total revenue (1+2)
4Expenses
(a) Cost of materials consumed
(b) Purchases of stock-in-trade
(c) Changes in inventories of finished goods, work-in-progress and stock-in trade
(d) Employee benefits expense
(e) Finance costs
(f) Depreciation and amortisation expense
(g) Other expenses
Total expenses
5Profit / (Loss) before exceptional and extraordinary items and tax (3 – 4)
6Exceptional items
7Profit / (Loss) before extraordinary items and tax (5 + 6)
8Extraordinary items
9Profit / (Loss) before tax (7 + 8)
10Tax expense:
(a) Current tax expense for current year
(b) (Less): MAT credit (where applicable)
(c) Current tax expense relating to prior years
(d) Net current tax expense
(e) Deferred tax
11Profit / (Loss) from continuing operations (9 +10)
BDISCONTINUING OPERATIONS
12.iProfit / (Loss) from discontinuing operations (before tax)
12.iiGain / (Loss) on disposal of assets / settlement of liabilities attributable to the discontinuing operations
12.iiiAdd / (Less): Tax expense of discontinuing operations
(a) on ordinary activities attributable to the discontinuing operations
(b) on gain / (loss) on disposal of assets / settlement of liabilities
13Profit / (Loss) from discontinuing operations (12.i + 12.ii + 12.iii)   
CTOTAL OPERATIONS   
14Profit / (Loss) for the year (11 + 13)   
15Earnings per equity share:
(1) Basic
(2) Diluted

18 Responses to Revised Schedule VI for Companies | Format

  1. comment
    G.Saibabu on Feb 23, 2014

    Please send me revise format of schedule-6 on my email id

  2. comment
    AMOL DASHPUTE on Feb 12, 2014

    Please send me revise format of schedule-6 on my email id

  3. comment
    deepa on Feb 07, 2014

    sir can you please send the balance sheet format at horizontal form

  4. comment
    suresh on Nov 12, 2013

    please send b/s and p/l a/c to my mail thank u

  5. comment
    MOHAMMED JAVEED on Jul 16, 2013

    sir i kindly request you to send me the format of the revised shedule vi as per the companies act 1956

  6. comment
    shruti singh on Jul 09, 2013

    thnx for providing such a less tougher BALANCE SHEET

  7. comment
    neeraj kumar singh on Jul 02, 2013

    plz send formet of scedule6 in my id

  8. comment
    afzal on Jun 20, 2013

    PLEASE SEND TO ME REVISED SCHEDULE SIX B/S ,P&L ACCOUNT TO MY “afzalahmed142@gmail.com” id….

  9. comment
    ankit on Jun 06, 2013

    hi sir,please let me know how to treat a profit and loss account fund from operation in balance sheet as per schedule vi
    plzzzz soon

  10. comment
    balwant negi on Apr 09, 2013

    Res/Sir,

    Please send the revised schedule VI as per concern my job.

    Thanks & Regards
    Balwant Negi

  11. comment
    MUKESH on Mar 12, 2013

    REVISED SCHEDULE 6 PROFORMA

  12. comment
    vijayalaxmi on Feb 14, 2013

    pls send me revised schedule of co act 1956

  13. comment
    Shree Kumar Patel on Jan 05, 2013

    please help me how to treat Work in progress to be mentioned in notes to Schedule VI for building developers

  14. comment
    sayaaali on Nov 01, 2012

    MAIL ME REVISED SVH 6..AS SOON AS POSSSIBLE..WANT IT FOR MY EXAM

  15. comment
    sayaaali on Nov 01, 2012

    please send the revised schedule 6 with annexures(notes)on my id…i need it for my exam

  16. comment
    Aditya on Aug 13, 2012

    Thank you for providing such a valuable information

  17. comment
    shubham on Jun 16, 2012

    please send the Revised Schedule VI for Companies | Format on my email id………….

    • comment
      kamal on Apr 13, 2013

      hi

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