Mar 31, 2015
1.01 BASIS OF ACCOUNTING
The accounts of the Company are prepared under the historical cost
convention and in Accordance with applicable accounting standards
except where otherwise stated. Accounting Policies not specifically
referred to are consistent with generally accepted accounting policies.
The Company follows the mercantile system of accounting and recognises
Income and Expenditure on accrual basis except otherwise specified.
1.02 REVENUE RECOGNITION
Expenses and income considered payable and receivable respectively have
been accounted for on accrual basis. Where the ability to assess the
ultimate collection with reasonable certainty is lacking at the time of
raising any claim, revenue recognition is postponed to the extent of
uncertainty involved.
1.03 FIXED ASSETS:
Fixed Assets are stated at cost of acquisition inclusive of freight,
duties, taxes and incidental expenses less depreciation.
1.04 DEPRECIATION
Depreciation on Tangible Assets has been provided on the straight-line
method over the useful lives as prescribed in schedule II ofthe
Companies Act, 2013 and on additions on Pro-rata basis.
1.05 INVESTMENTS
Long Term Investments are stated at cost.
1.06 STOCK-IN-TRADE:
Current Investments in the nature of stock in trade are valued at cost.
1.07 DECREASE IN VALUE OFINVESTMETS
Decreases in value of Current Investments in the nature of stock in
trade are provided at in aggregate for each category at difference
between cost and market value (if lower than cost), at the balance
sheet date. And decrease in value of unquoted Investments are
ascertained either from the latest balance sheet of the company, if
available or value shares at Rs 1/-, as the case maybe in accordance
with Reserve Bank of India guidelines.
1.08. GRATUITY & RETIREMENT BENEFITS
Retirement benefits, gratuity liability, medical reimbursement and
Leave Payments to employees shall be accounted as and when company
becomes statutory liable.
1.09 CONTINGENT LIABILITIES
Contingent liabilities are not provided and are disclosed by way of
notes to accounts.
Mar 31, 2014
1.01 BASIS OF ACCOUNTING
The accounts of the Company are prepared under the historical cost
convention and in Accordance with applicable accounting standards
except where otherwise stated. Accounting Policies not specifically
referred to are consistent with generally accepted accounting policies.
The Company follows the mercantile system of accounting and recognises
Income and Expenditure on accrual basis except otherwise specified.
1.02 REVENUE RECOGNITION
Expenses and income considered payable and receivable respectively have
been accounted for on accrual basis. Where the ability to assess the
ultimate collection with reasonable certainty is lacking at the time of
raising any claim, revenue recognition is postponed to the extent of
uncertainty involved.
1.03 FIXED ASSETS:
Fixed Assets are stated at cost of acquisition inclusive of freight,
duties, taxes and incidental expenses less depreciation.
1.04 DEPRECIATION
Depreciation on Fixed Assets has been provided on the straight-line
method at the rates prescribed in schedule XIV of the Companies Act,
1956 and on additions on Pro-rata basis.
1.05 INVESTMENTS
Long Term Investments are stated at cost.
1.06 STOCK ÂIN ÂTRADE:
Current Investments in the nature of stock in trade are valued at cost.
1.07 DECREASE IN VALUE OF INVESTMETS
Decreases in value of Current Investments in the nature of stock in
trade are provided at in aggregate for each category at difference
between cost and market value (if lower than cost), at the balance
sheet date. And decrease in value of unquoted Investments are
ascertained either from the latest balance sheet of the company, if
available or value shares at Rs. 1/-, as the case may be in accordance
with Reserve Bank of India guidelines.
1.08. GRATUITY & RETIREMENT BENEFITS
Retirement benefits, gratuity liability, medical reimbursement and
Leave Payments to employees shall be accounted as and when company
becomes statutory liable.
1.09 CONTINGENT LIABILITIES
Contingent liabilities are not provided and are disclosed by way of
notes to accounts.
Mar 31, 2013
1.01 BASIS OF ACCOUNTING
The accounts of the Company are prepared under the historical cost
convention and in Accordance with applicable accounting standards
except where otherwise stated. Accounting Policies not specifically
referred to are consistent with generally accepted accounting policies.
The Company follows the mercantile system of accounting and recognizes
Income and Expenditure on accrual basis except otherwise specified.
1.02 REVENUE RECOGNITION
Expenses and income considered payable and receivable respectively have
been accounted for on accrual basis. Where the ability to assess the
ultimate collection with reasonable certainty is lacking at the time of
raising any claim, revenue recognition is postponed to the extent of
uncertainty involved.
1.03 FIXED ASSETS:
Fixed Assets are stated at cost of acquisition inclusive of freight,
duties, taxes and incidental expenses less depreciation.
1.04 DEPRECIATION
Depreciation on fixed assets has been provided on the straight-line
method at the rates prescribed in schedule XIV of the Companies Act,
1956 and on additions on Pro-rata basis.
1.05 INVESTMENTS
Long Term Investments are stated at cost.
1.06 STOCK-IN-TRADE:
Current Investments in the nature of stock in trade are valued at cost.
1.07 DECREASE IN VALUE OF INVESTMETS
Decreases in value of Current Investments in the nature of stock in
trade are provided at in aggregate for each category at difference
between cost and market value (if lower than cost), at the balance
sheet date. And decrease in value of unquoted Investments are
ascertained either from the latest balance sheet of the company, if
available or value shares at Re. 1 /-, as the case may be in accordance
with Reserve Bank of India guidelines.
1.08. GRATUITY & RETIREMENT BENEFITS
Retirement benefits, gratuity liability, medical, reimbursement and
Leave Payments to employees shall be accounted as and when company
becomes statutory liable.
1.09 CONTINGENT LIABILITIES
Contingent liabilities are not provided and are disclosed by way of
notes to accounts.
Mar 31, 2012
1.01 BASIS OF ACCOUNTING
The accounts of the Company are prepared under the historical cost
convention and in Accordance with applicable accounting standards
except where otherwise stated. Accounting Policies not specifically
referred to are consistent with generally accepted accounting policies.
The Company follows the mercantile system of accounting and recognises
Income and Expenditure on accrual basis except otherwise specified.
1.02 REVENUE RECOGNITION
Expenses and income considered payable and receivable respectively have
been accounted for on accrual basis. Where the ability to assess the
ultimate collection with reasonable certainty is lacking at the time of
raising any claim, revenue recognition is postponed to the extent of
uncertainty involved.
1.03 FIXED ASSETS:
Fixed Assets are stated at cost of acquisition inclusive of freight,
duties, taxes and incidental expenses less depreciation.
1.04 DEPRECIATION
Depreciation on Fixed Assets has been provided on the straight-line
method at the rates prescribed in schedule XIV of the Companies Act,
1956 and on additions on Pro-rata basis.
1.05 INVESTMENTS
Long Term Investments are stated at cost.
1.06 STOCK-IN-TRADE:
Current Investments in the nature of stock in trade are valued at cost.
1.07 DECREASE IN VALUE OF INVESTMETS
Decreases in value of Current Investments in the nature of stock in
trade are provided at in aggregate for each category at difference
between cost and market value (if lower than cost), at the balance
sheet date. And decrease in value of unquoted Investments are
ascertained either from the latest balance sheet of the company, if
available or value shares at Re. 1 /-, as the case may be in accordance
with Reserve Bank of India guidelines.
1.08. GRATUITY & RETIREMENT BENEFITS
Retirement benefits, gratuity liability, medical reimbursement and
Leave Payments to employees shall be accounted as and when company
becomes statutory liable.
1.09 CONTINGENT LIABILITIES
Contingent liabilities are not provided and are disclosed by way of
notes to accounts.
Mar 31, 2010
1. BASIS OF ACCOUNTING
The accounts of the Company are prepared under the historical cost
convention and in Accordance with applicable accounting standards
except where otherwise stated. Accounting Policies not spe- cifically
referred to are consistent with generally accepted accounting policies.
The Company follows the mercantile system of accounting and recognises
Income and Expenditure on accrual basis except otherwise specified.
2. REVENUE RECOGNITION
Expenses and income considered payable and receivable respectively have
been accounted for on accrual basis. Where the ability to assess the
ultimate collection with reasonable certainty is lack- ing at the time
of raising any claim, revenue recognition is postponed to the extent of
uncertainty involved.
3. FIXED ASSETS:
Fixed Assets are stated at cost of acquisition inclusive of freight,
duties, taxes and incidental expenses less depreciation.
4. DEPRECIATION
Depreciation on Fixed Assets has been provided on the straight-line
method at the rates prescribed in schedule XIV of the Companies Act,
1956 and on additions on Pro-rata basis.
5. INVESTMENTS
Long Term Investments are stated at cost.
6. STOCK-IN-TRADE:
Current Investments in the nature of stock in trade are valued at cost.
7. DECREASE IN VALUE OF INVESTMETS
Decreases in value of Current Investments in the nature of stock in
trade are provided at in aggre- gate for each category at difference
between cost and market value (if lower than cost), at the balance
sheet date. And decrease in value of unquoted Investments are
ascertained either from the latest balance sheet of the company, if
available or value shares at Re. I/-, as the case may be in accordance
with Reserve Bank of India guidelines.
8. GRATUITY & RETIREMENT BENEFITS
Retirement benefits, gratuity liability, medical reimbursement and
Leave Payments to employees shall be accounted as and when company
becomes statutory liable.
9. CONTINGENT LIABILITIES
Contingent liabilities are not provided and are disclosed by way of
notes to accounts.
Mar 31, 2004
1. BASIS OF ACCOUNTING
The accounts of the Company are prepared under the historical cost
convention and in Accordance with applicable accounting standards
except where otherwise stated. Accounting Policies not specifically
referred to are consistent with generally accepted accounting policies.
The Company follows the mercantile system of accounting and recognises
Income and Expenditure on accrual basis except otherwise specified.
2. REVENUE RECOGNITION
Expenses and income considered payable and receivable respectively have
been accounted for on accrual basis. Where the ability to assess the
ultimate collection with reasonable certainty is lacking at the time of
raising any claim, revenue recognition is postponed to the extent of
uncertainty involved.
3. FIXED ASSETS:
Fixed Assets are stated at cost of acquisition inclusive of freight,
duties, taxes and incidental expenses less depreciation.
4. DEPRECIATION
Depreciation on Fixed Assets has been provided on the straight-line
method at the rates prescribed in schedule XIV of the Companies Act,
1956 and on additions on Pro-rata basis.
5. INVESTMENTS
Long Term Investments are stated at cost.
6. STOCK-IN-TRADE:
Current Investments in the nature of stock in trade are valued at cost.
7. DECREASE IN VALUE OF INVESTMETS
Decrease in value of Current Investments in the nature of stock in
trade are provided at in aggregate for each category at difference
between cost and market value (if lower than cost), at the balance
sheet date. And decrease in value of unquoted Investments are
ascertained either from the latest balance sheet of the company, if
available or value shares at Re. 1/-, as the case may be in accordance
with Reserve Bank of India guidelines.
8. MISCELLANEOUS EXPENDITURE
Preliminary expenses are written off in 10 equal installments in each
of accounting year.
9. GRATUITY & RETIREMENT BENEFITS
Retirement benefits, gratuity liability, medical reimbursement and
Leave Payments to employees shall be accounted as and when company
becomes statutory liable.
10. CONTINGENT LIABILITIES
Contingent liabilities are not provided and are disclosed by way of
notes to accounts.
Mar 31, 2003
1. BASIS OF ACCOUNTING
The accounts of the Company are prepared under the historical cost
convention and in Accordance with applicable accounting standards
except where otherwise stated. Accounting Policies not specifically
referred to are consistent with generally accepted accounting policies.
The Company follows the mercantile system of accounting and recognises
Income and Expenditure on accrual basis except otherwise specified.
2. REVENUE RECOGNITION
Expenses and income considered payable and receivable respectively have
been accounted for on accrual basis. Where the ability to assess the
ultimate collection with reasonable certainty is lacking at the time of
raising any claim, revenue recognition is postponed to the extent of
uncertainty involved.
3. FIXED ASSETS:
Fixed Assets are stated at cost of acquisition inclusive of freight,
duties, taxes and incidental expenses less depreciation.
4. DEPRECIATION
Depreciation on Fixed Assets has been provided on the straight-line
method at the rates prescribed in schedule XIV of the Companies Act,
1956 and on additions on Pro-rata basis.
5. INVESTMENTS
Long Term Investments are stated at cost.
6. STOCK-IN-TRADE:
Current Investments in the nature of stock in trade are valued at cost.
7. DECREASE IN VALUE OF INVESTMETS
Decrease in value Current Investments in the nature of stock in trade
are provided at in aggregate for each category at difference between
cost and market value (if lower than cost), at the balance sheet date.
And decrease in value of unquoted Investments are ascertained either
from the latest balance sheet of the company, if available or value
shares at Re. 1/-, as the case may be in accordance with Reserve Bank
of India guidelines.
8. MISCELLANEOUS EXPENDITURE
Preliminary expenses are written off in 10 equal installments in each
of accounting year.
9 GRATUITY & RETIREMENT BENEFITS
Retirement benefits, gratuity liability, medical reimbursement and
Leave Payments to employees shall be accounted as and when company
becomes statutory liable.
10. CONTINGENT LIABILITIES
Contingent liabilities are not provided and are disclosed by way of
notes to accounts.
Mar 31, 2002
1. BASIS OF ACCOUNTING
The accounts of the Company are prepared under the historical cost
convention and in Accordance with applicable accounting standards
except where otherwise stated. Accounting Policies not specifically
referred to are consistent with generally accepted accounting policies
The Company follows the mercantile system of accounting and recognises
Income and Expenditure on accrual basis except otherwise specified.
2. REVENUE RECOGNITION
Expenses and income considered payable and receivable respectively have
been accounted for on accrual basis. Where the ability to assess the
ultimate collection with reasonable certainty is lacking at the time of
raising any claim, revenue recognition is postponed to the extent of
uncertainty involved.
3. FIXED ASSETS:
Fixed Assets are stated at cost of acquisition inclusive of freight,
duties, taxes and incidental expenses less depreciation.
4. DEPRECIATION
Depreciation on Fixed Assets has been provided on the straight-line
method at the rates prescribed in schedule XIV of the Companies Act,
1956 and on additions on Pro-rata basis.
5. INVESTMENTS
Long Term Investments are stated at cost.
6. STOCK-IN-TRADE :
Current Investments in the nature of stock in trade are valued at cost.
7. DECREASE IN VALUE OF INVESTMETS
Decrease in value Current Investments in the nature of stock in trade
are provided at in aggregate for each category at difference between
cost and market value (if lower than cost) , at the balance sheet date
and decrease in value of unquoted Investments are ascertained either
from the latest balance sheet of the company, if available or value
shares at Re. 1/-, as the case may be in accordance with Reserve Bank
of India guidelines.
8. MISCELLANEOUS EXPENDITURE
Preliminary expenses are written off in 10 equal installments in each
of accounting year.
9. GRATUITY & RETIREMENT BENEFITS
Retirement benefits, gratuity liability, medical reimbursement and
Leave Payments to employees shall be accounted as and when company
become statutory liable.
10. CONTINGENT LIABILITIES
Contingent liabilities are not provided and are disclosed by way of
notes to accounts.
Mar 31, 2001
1. BASIS OF ACCOUNTING
The accounts of the Company are prepared under the historical cost
convention and in Accordance with applicable accounting standards
except where otherwise stated. Accounting Policies not specifically
referred to are consistent with generally accepted accounting policies.
The Company follows the mercantile system of accounting and recognizes
Income and Expenditure on accrual basis except otherwise specified.
2. REVENUE RECOGNITION
Expenses and income considered payable and receivable respectively have
been accounted for on accrual basis. Where the ability to assess the
ultimate collection with reasonable certainty is lacking at the time of
raising any claim, revenue recognition is postponed to the extent of
uncertainty involved.
3. FIXED ASSETS:
Fixed Assets are stated at cost of acquisition inclusive of freight,
duties, taxes and incidental expenses less depreciation.
4. DEPRECIATION
Depreciation on Fixed Assets has been provided on the straight-line
method at the rates prescribed in schedule XIV of the Companies Act,
1956 and on additions on Pro-rata basis.
5. INVESTMENTS
Long Term Investments are stated at cost.
6. STOCK-IN-TRADE :
Current Investments in the nature of stock in trade are valued at cost
less Provisions for diminution in value, if any .
7. DECREASE IN VALUE OF CURRENT INVESTMENTS
Decrease in value Current Investments in the nature of stock in trade
are provided at in aggregate for each category at difference between
cost and market value (if lower than cost) , at the balance sheet date,
and decrease in value of unquoted Investments are ascertained either
from the latest balance sheet of the company, if available or value
shares at Re. 1/- , as the case may be in accordance with Reserve Bank
of India guidelines.
8. MISCELLANEOUS EXPENDITURE
Preliminary expenses are written off in 10 equal installments in each
of accounting year.
9. GRATUITY & RETIREMENT BENEFITS
Retirement benefits, gratuity liability, medical reimbursement and
Leave Payments to employees shall be accounted as and when company
become statutory liable.
10. CONTINGENT LIABILITIES
Contingent liabilities are not provided and are disclosed by way of
notes to accounts.
Mar 31, 2000
1. BASIS OF ACCOUNTING
The accounts of the Company are prepared under the historical cost
convention and in According with applicable accounting standards except
where otherwise stated Accounting Policies not specifically refereed to
are consistent with generally accepted accounting policies. The
Company follows the mercantile system of accounting and recognises
Income and Expenditure on accrual basis except otherwise specified.
2. REVENUE RECOGNITION Expenses and income considered payable and
receivable respectievely have been accounted for on accrual basis.
Where the ability to assess the animate col1ection with reasonable
certainty is lacking at the time of raising any claim, revenue
recognition is postponed to the extent of uncertainty involved.
3. FIXED ASSETS : Fixed Assets are stated at cost of acquisition
inclusive of freight, duties, taxes and incidental expenses less
depreciation.
4. DEPRECIATION Depreciation on Fixed Assets has been provided on the
straight-line method at the rates prescribed in schedule XIV of the
Companies Act, 1956 and on additions on Pro-rata basis.
5. INVESTMENTS Investments ( Long Term, other and current investments)
are stated at cost less provisions for diminution in value, if any and
are held as "Stock in Trade".
6. PROVISION FOR DIMUNATION IN VALUE OF INVESTMENTS Provision for
diminuation in value of Long Term-Quoted Investments and Current
Investments are provided at in aggregate for each category at
difference between cost and market value (if lower than cost), at the
balance sheet date, and Provision for deminuation in value Other
unquoted Investments are ascertained either from the latest balance
sheet of the company, if available or value shres at Re. 1/- per stare
, as the case may be in accordance with Reserve Bank of India
guidelines.
7. MISCELLANEOUS EXPENDITURE
Preliminary expenses are written off in 10 equal installments in each
of accounting yew.
8. GRATUITY & RETIREMENT BENEFITS
Retirement benefits, gratuity liability, medical reimbursement and
Leave Payments to employees are accounted for on cash basis.
9. CONTINGENT LIABILITIES
Contingent liabilities are not provided and are disclosed by way of
notes to accounts.