Compulsory requirement of Schedule III Balance Sheet

Last updated at August 11, 2026 by

There is a legal requirement as per Companies Act 2013 that

Every company should ,prepare Profit and loss and Balance Sheet as per following format

 

Format of Profit and Loss

Compulsory requirement of Schedule III Balance Sheet - Making Revised Schedule III Balance Sheet

 

Format of Balance Sheet

  bs new.png

Download Format

Schedule III Format.xlsx

Note:-

This requirement is only for Companies (Private Limited and Limited Companies)

and not for Partnership/Proprietorship

 

Remove Ads
CA Maninder Singh's photo - Co-founder, Teachoo

Made by

CA Maninder Singh

CA Maninder Singh is a Chartered Accountant with 16+ years of practical experience and 20+ years of teaching experience. At Teachoo, he simplifies Accounts, Tax and GST with step-by-step examples so students can apply concepts confidently in exams and real life.

For an uninterrupted learning experience, students can use Teachoo Black to remove ads and focus better.