Home  »  Company  »  Adcon Capital Servic  »  Quotes  »  Notes to Account
Enter the first few characters of Company and click 'Go'

Notes to Accounts of Adcon Capital Services Ltd.

Mar 31, 2014

A. Previous year's figures have been regrouped / reclassified / rearranged / recast wherever necessary to match with current year's presentation.

B. There was no amount due as on March 31, 2014 as reported to us from / to Micro, small & Medium Enterprises as per MSMED Act, 2006.

C. Deferred Tax :

Components of deferred tax liabilities are provided by applying the applicable rate of tax to the taxable income of the year. As per Accounting Standard 22 on Taxes on Income-the company has a deferred tax liability of Rs. 45,362/- (Previous year Rs. 53,182/-) Deferred Tax benefits are recognized on assets to the extent it is more likely than not that future taxable profits will be available against which the asset can be utilized.

D. Segment Reporting

As the company operates in only one business and operates only in one geographical segment i.e. domestic, the disclosure requirements under Accounting Standard 17-"Segment Reporting" is not required.

E. There are no transactions as reported with any key management persons and with any of the Enterprises owned and controlled by Key management persons.

F. The Company has not entered into any transaction involving any Foreign Currency transaction.

G. Quantitative details – Not applicable


Mar 31, 2013

A. Previous year's figure s have been regrouped / reclassified / rearranged / recast wherever necessary to match with current year's presentation.

B. There was no amount due as on March 31, 201 3 as reported to us from / to Micro, small & Medium Enterprises as per MSMED Act, 2006.

C. Deferred Tax :

Components of deferred tax liabilities are provided by applying the applicable rate of tax to the taxable income of th e year. As per Accounting Standard 22 on Taxes on Income -the company has a deferred tax liability of Rs. 53,182/- (Previous year Rs. 70,037/-)

Deferred Tax benefits are recognized on assets to the extent it is more likely than not that future taxable profits will be available against which the asset can be utilized.

D. Segment Reporting

As the company operates in only one business and operates only in one geographical segment i.e. domestic, the disclosure requirements under Accounting Standard 17-"Segment Reporting" is not required.

E. There are no transactions as reported with any key management persons and with any of the Enterprises owned and controlled by Key management persons

F. The Company has not entered into any transaction involving any Foreign Currency transaction.

G. Quantitative details - Not applicable


Mar 31, 2012

1. Previous year figures have been re-grouped and re-arranged wherever considered necessary.

2. There was no amount due as on March 31, 2012 as reported to us from / to Micro, small & Medium Enterprises as per MSMED Act, 2006.

3. Deferred Tax:

Components of deferred tax liabilities is provided by applying the applicable rate of tax to the taxable income of the year. As per Accounting Standard 22 on Taxes on Income -the company has a deferred tax liability of Rs. 70,037/- (Previous year Rs. 70,037/-)

Deferred Tax benefits are recognized on assets to the extent it is more likely than not that future taxable profits will b e available against which the asset can be utilized.

4. Segment Reporting

As the company operates in only one business and operates only in one geographical segment i.e. domestic, the disclosure requirements under Accounting Standard 17-"Segment Reporting" is not required.

5. There are no transactions as reported with any key management persons and with any of the Enterprises owned and controlled by Key management persons.

6. As per management's view none of the current employees shall complete their term of service of five years, hence actuarial valuation of gratuity is not done.

7. There is no outstanding due of micro and small enterprises suppliers as defined under The Micro, Small and Medium Enterprises Development Act, 2006.

8. Previous year's figures have been regrouped / reclassified / rearranged / recast wherever necessary to match with current year's presentation.

9. Quantitative details - Not applicable


Mar 31, 2011

1. Previous years figures have been re-grouped and re-arranged wherever considered necessary.

2. There was no amount due as on March 31, 2011 as reported to us from/to Micro, small & Medium Enterprises as per MSMED Act, 2006

3. Segment Reporting

As the company operates in only one business and operates only in one geographical segment i.e. domestic, the disclosure requirements under Accounting Standard 17-"Segment Reporting" is not required.

4. There are no transactions as reported with any key management persons and with any of the Enterprises owned and controlled by Key management persons.

5. As per management's view none of the current employees shall complete their term of service of five years, hence actuarial valuation of gratuity is not done.

6. There is no outstanding dues of micro and small enterprises suppliers as defined under The Micro, Small and Medium Enterprises Development Act, 2006.

7. Previous year's figures have been regrouped / reclassified / rearranged / recast wherever necessary to match with current year's presentation.

8. Quantitative details - N.A.

 
Subscribe now to get personal finance updates in your inbox!