format of profit and loss account
Rajeev Chaturvedi
(Querist) 17 June 2009
This query is : Resolved
pls provide me if there is any format of profit and loss account as per schedule VI of the comapies act 1956.
A V Vishal
(Expert) 18 June 2009
(Name of the Company)
(Address………………………………………………………….)
PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED 31.3.200…
PARTICULARS AMOUNT AMOUNT
(In Rupees) (In Rupees)
INCOME
RECEIPTS TOWARDS ………………………
CLOSING STOCK
-
EXPENDITURE
MATERIAL CONSUMED
SALARIES
OFFICE EXPENSES
AUDIT FEES
BANK CHARGES
PRELIMINARY EXPENSES W/OFF
-
NET PROFIT/(LOSS) BEFORE DEPECIATION -
Less: DEPRECIATION -
NET PROFIT/(LOSS) AFTER DEPRECIATION -
LESS: PROVISION FOR TAXES
CURRENT YEAR TAXES -
FRINGE BENEFIT TAX -
DEFERRED TAX - -
PROFIT/(LOSS) AFTER TAXES -
B/F PROFITS/(LOSSES) OF PREVIOUS YEARS -
BALANCE TRANSFERRED TO BALANCE SHEET -
Vide my report even date
For FOR & ON BEHALF OF THE BOARD
Chartered Accountants
Sd/xxx Sd/xxx Sd/xxx
(………………….) DIRECTOR DIRECTOR
Proprietor/Partner
M.No: ……………….
Rajeev Chaturvedi
(Querist) 18 June 2009
I egar to know that we have to show necessary head throug schedule or show main face of prfit & loss like repiar to building or repairs to machines
A V Vishal
(Expert) 18 June 2009
Dear Chaturvedi,
The items may be shown separately in the schedule in case there are many heads of accounts, if there are fewer heads of accounts it can be shown on the face of the P & L A/c. also.
