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Notes to Accounts of Aeonian Investments Company Ltd.

Mar 31, 2013

1. Expenditure in foreign currency - Nil, Previous year Nil.

2. Earnings in foreign currency - Nil, Previous year Nil.

3. The figures for the previous year have been regrouped, rearranged, wherever necessary, so as to make them comparable with those for the current year.

4. The Company is engaged in only one segment viz. Investments.

5. Deferred Tax

In accordance with Accounting Standard (AS) - 22 Taxes on Income'', deferred tax is recognised in respect of timing difference arising in and capable of reversal in future. As of year end, there are no timing differences arising in the current year and capable of reversal in future and accordingly the balance of Deferred Tax Asset/Liability is NIL.

6. Although the Board of Director have convened Extra Orinary General Meeting for considering voluantary winding- up of the company, pending the outcome of the meeting, the accounts have been prepared on a going concern basis.


Mar 31, 2012

1. Expenditure in foreign currency - Nil, Previous year Nil.

2. Earnings in foreign currency - Nil, Previous year Nil.

3. The figures for the previous year have been regrouped, rearranged, wherever necessary, so as to make them comparable with those for the current year.

4. Related Party Disclosures

Related party disclosures,as required by Accounting Standard (AS) - 18, " Related Party Disclosures", are given below :

5. The Company is engaged in only one segment viz. Investments.

6. Deferred Tax

In accordance with Accounting Standard (AS) - 22 'Taxes on Income', deferred tax is recognised in respect of timing difference arising in and capable of reversal in future. As of year end, there are no timing differences arising in the current year and capable of reversal in future and accordingly the balance of Deferred Tax Asset/Liability is NIL.


Mar 31, 2010

1. Expenditure in foreign currency - Nil, Previous year Nil.

2. Earnings in foreign currency - Nil, Previous year Nil.

3. The figures for the previous year have been regrouped, rearranged, wherever necessary, so as to make them comparable with those for the current year.

4. Related Party Disclosures

Related party disclosures,as required by Accounting Standard (AS) - 18," Related Party Disclosures", are given below : A Names of Related Parties and Description of Relationship

5. The Company is engaged in only one segment viz. Investments.

6. Deferred Tax

In accordance with Accounting Standard (AS) - 22 Taxes on Income, the company had recognised deferred tax in respect of timing difference arising in and capable of reversal in future. As of year end, there are no timing differences arising in the curren

7. Disclosure in respect of Lease (As per Accounting Standard (AS) - 19 : Leases issued by the ICAI

The company has given on Operating lease, its ownership premises, details of which as required by AS-19 are as under:

(E) Accounting policy adopted in respect of initial direct costs Since the same are not very significant, they are fully charged to Profit & Loss at the inception of the operating lease.

 
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