Mar 31, 2015
1. Segment
Based on the guiding principles states in Accounting Standard -17
"Segment Reporting", the management does not recognize any
distinguishable component of the company that is engaged in providing a
an individual products or services. Hence the disclosure requirement of
AS-17 issued by the Institute of Chartered Accountants of India in this
regard is not applicable.
2. There are no contingent liabilities (Previous year Nil)
19. Sundry Creditors do not include any amount due to small scale
undertakings/micro media and small company as no information is
available from the creditors as to whether any of them is cover under
micro or small enterprises category
3. Previous Year's figures have been regrouped / rearranged wherever
necessary
Mar 31, 2013
1. Segment
Based on the guiding principles states in Accounting Standard -17
"Segment Reporting', the management does not rerognbe any
distinguishable component of the company that is engaged in providing a
an individual products or services. Hence the disclosure requirement of
AS-17 issued by the fnstitule of Chartered Accountants of Indie in this
regard is not appbcabte.
2. There are no contingent liabilities (Previous year Nil)
3. Sundry Creditors do not include any amount due io small scale
undeftakings/mrcro media and smalt company as no information is
available from the creditors as to whether any of them is cover under
micro or small enterprises category.
4. Previous Veer's figures heve bean regrouped/rearragnged wherever
necessary.
Mar 31, 2012
1. In the opinion of the Board, all the assets other than fixed assets
and non-current investments have a value on realization in the ordinary
course of business at least equal to the amount at which they are
stated. The Provision of all known liabilities is
2. Balances of the trade receivables, trade payables, advances and
balances of deposits are subject to confirmation, ''¦ reconciliation and
adjustments, if any. The management does not expect any material
difference affecting the current year''s - financial statements.
3. Segment Information
Based on the guiding principles stated in Accounting Standard - 17
"Segment Reporting", the management does not recognize any
distinguishable component of the company that is engaged in providing a
an individual products or services. Hence the disclosure requirement
of AS - 17 issued by the Institute of Chartered Accountants of India in
this regard is not applicable.
4. Related Party Disclosure
There is no related party transactions incurred during the year as per
Accounting Standard - 15 "Related Party Disclosure" issued by the
Institute of Chartered Accountants of India.
Mar 31, 2010
1. Some of the Sundry Debtors, Sundry Creditors and loans and advances
are subject to confirmation and reconciliation. Consequential
adjustments thereof, if any, will be given effect into the books of
accounts in the year of such adjustments.
2. Contingent Liabilities
There is no contingent liability for the year 2009-10.
3. In the opinion of the Board, the Current Assets, Loans and Advances
are approximately of the value stated as realisable in the ordinary
course of business. The provisions for all known liabilities are
adequate.
4. As on 31st March, 2010, the Company does not owe any amount to any
small scale industrial undertaking. The above information has been
compiled in respect of the parties to the extent to which they could be
identified as Small Scale and Ancillary Undertakings on the basis of
the information available with the Company.
5. Segment Information
Basis of preparation: As the Company is engaged in only one Business
Segment, there is no reportable Business Segment as per Accounting
Standard 17 issued by the Institute of Chartered Accountants of India.
6. Taxes on Income
Provision for Current Income Tax for the year under audit is computed
at Rs. 5.50 Lacs [Previous Year Rs. 5.60 Lacs] has been charged to
Profit and Loss Account.
7. Related Party Disclosures
There is no related party transactions incurred during the year as per
"Accounting Standard - 18: Related Party Disclosures" issued by the
Institute of Chartered Accountants of India.
8. None of the employees has been entitled for gratuity under the
Provisions of Gratuity Act, 1972 hence no provision is made for the
same.
9. Previous year figures have been recast / regrouped wherever
necessary to confirm the classification of the current year.
10. Additional information as required under part IV of schedule VI of
the Companies Act, 1956 is given herewith.