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Notes to Accounts of Blue Cloud Softech Solutions Ltd.

Mar 31, 2014

1. Particulars of Employees in accordance with Sub-section (2A) of Section 217 of the Companies Act, 1956 read with Companies (Particulars of Employees) Rule 1975.

2. There are no dues to SSI Units outstanding for more than 30 days.

3. Detailed Information regarding quantitative particulars under part II of Schedule VI to the Companies Act, 1956.

4. Confirmations were obtained from debtors/creditors as to the balance receivable ffom/payable to them as at year end.

5. In accordance with Accounting Standard 22 (AS 22) issued by the ICAI, the Company has accounted for deferred income tax during the year. The deferred income tax provision for the current year amounts to Rs. 2,61,759/- towards deferred income tax asset. (Previous year Rs. 4,87,601/- towards deferred income tax asset).

6. Previous years figures have been regrouped wherever necessary.

7. Tire figures have been rounded off to the nearest rupee.


Mar 31, 2013

1. Particulars of Employees in accordance with Sub-section (2A) of Section 217 of the Companies Act, 1956 read with Companies (Particulars of Employees) Rule 1975.

2. There are no dues to SSI Units outstanding for more than 30 days.

3. Detailed Information regarding quantitative particulars under part II of Schedule VI to the Companies Act, 1956.

4. Confirmations were obtained from debtors/creditors as to the balance receivable from/payable to them as at year end.

5. In accordance with Accounting Standard 22 (AS 22) issued by the ICAI, the Company has accounted for: deferred income tax during the year. The deferred income tax provision for the current year amounts to Rs. 4,87,601/- towards deferred income tax asset. (Previous year Rs. 10,57,425/- towards deferred income tax asset).

6. Previous years figures have been regrouped wherever necessary.

7. The figures have been rounded off to the nearest rupee.


Mar 31, 2012

1. Particulars of Employees in accordance with Sub-section (2A) of Section 217 of the Companies Act, 1956 read with Companies (Particulars of Employees) Rule 1975.

2. There are no dues to SSI Units outstanding for more than 30 days.

3. Detailed Information regarding quantitative particulars under part II of Schedule VI to the Companies Act, 1956.

4. Confirmations were obtained from debtors/creditors as to the balance receivable from/payable to them as at year end.

5. In accordance with Accounting Standard 22 (AS 22) issued by the ICAI, the Company has accounted for: deferred income tax during the year. The deferred income tax provision for the current year amounts to Rs. 4,87,601/- towards deferred income tax asset. (Previous year Rs. 10,57,425/- towards deferred income tax asset).

6. Previous years figures have been regrouped wherever necessary.

7. The figures have been rounded off to the nearest rupee.