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Notes to Accounts of Bridge Securities Ltd.

Mar 31, 2014

1. Out standing balance of Debtors, Creditors, Banks are subject to reconciliation and Confirmation.

2. Provision for Gratuity is not made.

3. Income Tax Expense Comprise Current Tax ( i.e. amount of tax for the year determined in accordance with the Income Tax Law) and differed tax change or credit reflecting the tax effects of trimming difference between profit offered for income taxes and the profit as per financial Statements . The differed tax liabilities or assets are measured using the tax rates and tax laws that have been enacted or substantively enacted by the balance sheet date.

4. As stipulated is AS-28, the Company assessed potential generation of Economic benefits from its business units and is of the view that assets employed in continuing businesses are capable of generating adequate returns over their useful lives in the usual course of business, there is no indication to the contrary and accordingly the management is of the view that no impairment provision is called for in these accounts.


Mar 31, 2013

1. Out standing balance of Debtors, Creditors, Banks are subject to reconciliation and Confirmation.

2. Provision for Gratuity is not made.

3. Income Tax Expense Comprise Current Tax (i.e. amount of tax for the year determined in accordance with the Income Tax Law) and differed tax change or credit reflecting the tax effects of trimming difference or assets are measured using the tax rates and tax laws that have been enacted or substantively enacted by the balance sheet date.

4. As stipulated is AS-28, the Company assessed potential generation of Economic benefits from its business units and is of the view that assets employed in continuing businesses are capable of generating adequate returns over their useful lives in the usual course of business, there is no indication to the contrary and accordingly the management is of the view that no impairment provision is called for in these accounts.


Mar 31, 2010

1. Out standing balance of Debtors, Creditors, Banks are subject to reconciliation and Confirmation.

2. Provision for Gratuity is not made.

3. Income Tax Expense Comprise Current Tax ( i.e. amount of tax for the year determined in accordance with the Income Tax Law) and differed tax change or credit reflecting the tax effects of trimming difference between profit offered for income taxes and the profit as perfinancial Statements The differed tax liabilities or assets are measured using the tax rates and tax laws that have been enacted or substantively enacted by the balance sheet date.

4. As stipulated is AS-28, the Company assessed potential generation of Economic benefits from its business units and is of the view that assets employed in continuing businesses are capable of generating adequate returns over their useful lives in the usual course of business, there is no indication to the contrary and accordingly the management is of the view that no impairment provision is called for in these accounts.

 
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