Mar 31, 2014
1. Estimated amount of contracts remaining to be executed on Capital
Account and not provided for NIL (Previous year NIL)
2. Provision for Taxation has been made after taking into
consideration carried forward losses and in accordance with the
provisions of Section 115JB of the Income Tax Act, 1961 (i.e. Minimum
Alternate Tax Provisions).
3. No provision has been made for gratuity as none of the employees of
the company has completed the eligible tenure of the services as per
the provisions of the Gratuity Act.
4. Corresponding figures of previous year have been regrouped and/ or
rearranged to confirm with this year''s grouping wherever found
necessary.
Mar 31, 2012
I) There's no change in any accounting policy during current year
Deferred Tax Liability in respect of Depreciation Rs. 25,74,738
Deferred Tax Assets in respect of Brought Forward
Losses and Tax Credit u/s 115JAA of the Income Tax
Act, 1961 (i.e. Minimum Alternate Tax Provisions)
Deferred Tax Liability (Net Deferred Tax Assets) Rs. 25,74,738
The earnings considered in ascertaining the Company EPS comprises the
net profit after tax and includes the post tax effect of any extra
ordinary items. The number of shares used in computing basic EPS is the
weighted average number of shares outstanding during the year.
(1) Estimated amount of contracts remaining to be executed on Capital
Account and not provided for NIL (Previous year NIL)
(2) Provision for Taxation has been made after taking into
consideration carried forward losses and in accordance with the
provisions of Section 115JB of the Income Tax Act, 1961 (i.e. Minimum
Alternate Tax Provisions).
(3) No provision has been made for gratuity as none of the employees of
the company has completed the eligible tenure of the services as per
the provisions of the Gratuity Act.
(4) Corresponding figures of previous year have been regrouped and/ or
rearranged to confirm with this year's grouping wherever found
necessary.
(5) Expenditure in Foreign Currency: NIL
Notes forms an integral part of Accounts and have been duly
authenticated.
Mar 31, 2011
I) The Company has written off its leasehold assets of Rs. 17,40,008
due to of Obsolescence assets and no residual value is received from
it.
ii) Depreciation policy has been changed by the Company due to more
appropriate preparation or presentation of the financial statement.
Depreciation on fixed assets is provided on Written Down Method instead
of Straight Line Method in accordance with Section 205(2) (b) of the
Companies Act, 1956, as per the rates specified in Schedule XIV to the
Companies Act, 1956.
iii) The earnings considered in ascertatining the Company EPS comprises
the net profit after tax and include the post tax effect of any extra
ordinary items. The number of shares used in computing basic EPS is the
weighted average number of shares outstanding during the year.
iv) Estimated amount of contracts remaining to be executed on Capital
Account and not provided for NIL (Previous year NIL)
v) Provision for Taxation has been made after taking into
consideration carried forward losses and in accordance with the
provisions of Section 115JB of the Income Tax Act, 1961 (i.e. Minimum
Alternate Tax Provisions).
vi) No provision has been made for gratuity as none of the employees
of the company has completed the elegible tenure of the services as per
the provisions of the Gratuity Act
vii) Related Party Disclosures:
Key Management Personnel:
- Mr. Sushil Aggarwal Chairman
- Mr. S.K. Das Whole Time Director
- Mr. Chander Prakash Batra Whole Time Director
viii) Corresponding figures of previous year have been regrouped and / or
rearranged to confirm with this yearÃs grouping wherever found
necessary.
ix) Expenditure in Foreign Currency : NIL
Mar 31, 2010
(1) SEGMENT INFORMATION
The Company is engaged in the business of production and trading of
media, entertainment and books, which constitutes a single business
segment, and accordingly, disclosures are not required under AS-17,
issued by The Institute of Chartered Accountants of India".
(2) INTANGIBLE ASSETS (under development)
Expenditure incurred during development stages for albums, serial,
films and for purchase of Films under production are carried forward
under the head Films & Albums.
(3) Estimated amount of contracts remaining to be executed on Capital
Account and not provided for NIL (Previous year NIL)
(4) Provision for Taxation has been made after taking into
consideration carried forward losses and in accordance with the
provisions of Section 115JB of the Income Tax Act, 1961 (i.e. Minimum
Alternate Tax Provisions).
(5) No provision has been made for gratuity as none of the employees of
the company has completed the eligible tenure of the services as per
the provisions of the Gratuity Act.
(6) Related Party Disclosures: :
Key Management Personnel:
- Mr. Ved Prakash Narula Managing Director
- Mr B. S. Goyal Director
7.Corresponding figures of previous year have been regrouped and/ or
rearranged to confirm with this years grouping wherever found
necessary.
8) Expenditure in Foreign Currency : NIL