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About Schedule VI -Statement of Profit & Loss The Ledgers that are classified under these Accounting Groups to get linked to the Schedule VI Heads. This is a broad classification provided by Tally. ERP 9. Users can reclassify the Groups/Ledgers under other Schedule VI Income/Expense Heads as required.

Schedule-VI Balance Sheet provides the representation of company's financial position at any point in time in the Schedule VI format of Companies Act.

Schedule-VI Balance Sheet provides the representation of company's financial position at any point in time in the Schedule VI format of Companies Act.

Format A ? Balance Sheet: Schedule I ? Capital: ... Schedule II ? Reserves and Surplus: ... Schedule III ? Deposits: ... Schedule IV ? Borrowings: ... Schedule V ? Other Liabilities & Provisions: ... Schedule VI ? Cash and Balance with RBI: ... Schedule VII ? Balance with Banks and Money at Call & Short Notice: ... Schedule VIII ? Investments:

Schedule VI to the Companies Act, 1956 deals with the form of Balance Sheet and Profit and Loss Account and classified disclosure to be made therein and it applies uniformly to all the companies registered under the Companies Act, 1956, for the preparation of financial statements of an accounting year.

This part of Schedule sets out the minimum requirements for disclosure on the face of the Balance Sheet, and the Statement of Profit and Loss (hereinafter referred to as "Financial Statements" for the purpose of this Schedule) and Notes.

THE FIRST SCHEDULE. [See sections 2(2), 14, 28(1), 29 and 223] A REGULATIONS FOR MANAGEMENT OF A COMPANY LIMITED BY SHARES. 36 CONVERSION OF SHARES INTO STOCK The company may, by ordinary resolution, - (a) convert any paid-up shares into stock; and (b) reconvert any stock into paid-up shares of any denomination.