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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